El Paso, Texas vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 3.4% cheaper than El Paso, Texas.

You would need a salary of $48,293 in Hobbs, New Mexico to maintain the standard of living you have in El Paso, Texas.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than El Paso, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
19% cheaper in Hobbs
than in El Paso, Texas
El Paso, TX vs. Hobbs, NM
Compared to El Paso, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  3.4% lower
      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Renter
      No Child Care, Taxes not Considered
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      Child Care, Taxes not Considered
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      Child Care, Taxes Considered
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      No Child Care, Taxes Considered
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  Food
  0.9% higher
  Housing (Homeowner)
  7.6% higher
  Housing (Rent)
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  Median Home Cost
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  Utilities
  11.6% lower
  Commute
  21.9% lower
  Health
  8.6% lower
  Taxes
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  Childcare
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  Personal
  3.1% higher
Cost of Food
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