Hobbs, New Mexico vs. Portales, New Mexico

Cost of Living Comparison

The cost of living in Portales, New Mexico is 14.1% cheaper than Hobbs, New Mexico.

You would need a salary of $42,929 in Portales, New Mexico to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Portales, New Mexico is cheaper than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
20% cheaper in Portales
than in Hobbs, New Mexico
Hobbs, NM vs. Portales, NM
Compared to Hobbs, Portales is:
  Homeowner
      No Child Care, Taxes not Considered
  14.1% 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
  0.5% lower
  Housing (Homeowner)
  5.9% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  4.2% higher
  Commute
  6.5% lower
  Health
  1.7% lower
  Taxes
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  Childcare
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  Personal
  4.4% lower
Cost of Food
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