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
      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
  0.4% higher
  Housing (Homeowner)
  17.8% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  17.3% lower
  Commute
  4.1% higher
  Health
  2.2% higher
  Taxes
  Childcare
  Personal
  6.0% higher