Fort Morgan, Colorado vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 7.7% cheaper than Fort Morgan, Colorado.

You would need a salary of $46,154 in Hobbs, New Mexico to maintain the standard of living you have in Fort Morgan, Colorado.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Fort Morgan, Colorado
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
50% cheaper in Hobbs
than in Fort Morgan, Colorado
Fort Morgan, CO vs. Hobbs, NM
Compared to Fort Morgan, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  7.7% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  2.4% lower
  Housing (Homeowner)
  11.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  0.0% higher
  Commute
  5.7% higher
  Health
  3.6% lower
  Taxes
  Childcare
  Personal
  0.8% higher