Hobbs, New Mexico vs. Salem, New Jersey

Cost of Living Comparison

The cost of living in Salem, New Jersey is 9.0% more expensive than Hobbs, New Mexico.

You would need a salary of $54,482 in Salem, New Jersey to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Salem, New Jersey is more expensive than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
12% more expensive in Salem
than in Hobbs, New Mexico
Hobbs, NM vs. Salem, NJ
Compared to Hobbs, Salem is:
  Homeowner
      No Child Care, Taxes not Considered
  9.0% higher
      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
  6.9% higher
  Housing (Homeowner)
  77.8% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  30.3% higher
  Commute
  48.2% higher
  Health
  9.1% higher
  Taxes
  Childcare
  Personal
  7.5% higher