Los Lunas, NM vs Socorro, NM

The cost of living difference between Los Lunas, NM and Socorro, NM is dramatic. Socorro is 31.7% cheaper than Los Lunas, a gap that translates to thousands of dollars per year in household expenses. Los Lunas has a cost index of 87 while Socorro sits at 66, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Los Lunas is $1,157/month compared to $675/month in Socorro — a 71% difference. Home values follow the same pattern: Socorro is more affordable at $162,400 median vs $232,700.

Median household income in Los Lunas is $63,696 compared to $51,343 in Socorro (+24.1%). The higher salaries in Los Lunas partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Los Lunas spend roughly 21.8% of their income on rent, more than the 15.8% in Socorro.