Cost of living in Socorro, NM

Socorro is a Census city in Socorro County, NM. ACS 2024 5-year population is 8,481. Median gross rent is $711 (ACS 2024 5-year, this place). Median home value is $152,900. Median household income is $39,375. Insurance is the NAIC state average; food is a USDA plan — no town indexes.