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LOVING vs. HOBBS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Loving, New Mexico vs. Hobbs, New Mexico
Cost of Living Comparison
The cost of living in Hobbs, New Mexico is
9.1%
more expensive
than Loving, New Mexico.
You would need a salary of
$54,545
in Hobbs, New Mexico to maintain the standard of living you have in Loving, New Mexico.
Comparison highlights
• Overall, Hobbs, New Mexico is
more expensive
than Loving, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
12% more expensive in Hobbs
than in Loving, New Mexico
Loving, NM vs. Hobbs, NM
Compared to Loving, Hobbs is:
Homeowner
No Child Care, Taxes not Considered
9.1% higher
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
0.4% higher
Housing (Homeowner)
17.8% higher
Housing (Rent)
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Median Home Cost
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Utilities
17.3% lower
Commute
4.1% higher
Health
2.2% higher
Taxes
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Childcare
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Personal
6.0% higher
Cost of Food
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