Lockhart, Texas vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 14.7% cheaper than Lockhart, Texas.

You would need a salary of $42,626 in Hobbs, New Mexico to maintain the standard of living you have in Lockhart, Texas.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Lockhart, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
48% cheaper in Hobbs
than in Lockhart, Texas
Lockhart, TX vs. Hobbs, NM
Compared to Lockhart, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  14.7% 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
  2.0% higher
  Housing (Homeowner)
  11.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  16.0% lower
  Commute
  39.4% lower
  Health
  17.8% lower
  Taxes
  Childcare
  Personal
  2.3% higher