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LUBBOCK vs. HOBBS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Lubbock, Texas vs. Hobbs, New Mexico
Cost of Living Comparison
The cost of living in Hobbs, New Mexico is
1.9%
cheaper
than Lubbock, Texas.
You would need a salary of
$76,550
in Hobbs, New Mexico to maintain the standard of living you have in Lubbock, Texas.
Comparison highlights
• Overall, Hobbs, New Mexico is
cheaper
than Lubbock, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
21% cheaper in Hobbs
than in Lubbock, Texas
Lubbock, TX vs. Hobbs, NM
Compared to Lubbock, Hobbs is:
Homeowner
No Child Care, Taxes not Considered
1.9% 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
1.0% higher
Housing (Homeowner)
5.6% higher
Housing (Rent)
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Median Home Cost
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Utilities
8.2% lower
Commute
1.8% lower
Health
24.1% lower
Taxes
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Childcare
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Personal
0.9% higher
Cost of Food
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