Henderson, TX vs Socorro, TX

Henderson, TX and Socorro, TX have a very similar cost of living, with only a 2.1% difference in their overall index. Henderson scores 75 while Socorro scores 74 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Henderson is $1,011/month compared to $1,036/month in Socorro — a 2% difference. Interestingly, home values tell a different story: while Henderson has cheaper rent, Socorro actually has lower median home values ($131,200 vs $166,900).

Median household income in Henderson is $54,179 compared to $52,100 in Socorro (+4%). While Henderson is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Henderson spend roughly 22.4% of their income on rent, less than the 23.9% in Socorro.

Climate-wise, both cities share similar average temperatures (65.3°F vs 66.2°F). Henderson receives more rainfall at 50.3" per year compared to 8.8" in Socorro.