Phoenix, Arizona vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 27.1% cheaper than Phoenix, Arizona.

You would need a salary of $12,933 in Hobbs, New Mexico to maintain the standard of living you have in Phoenix, Arizona.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Phoenix, Arizona
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
61% cheaper in Hobbs
than in Phoenix, Arizona
Phoenix, AZ vs. Hobbs, NM
Compared to Phoenix, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  27.1% 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
  4.6% lower
  Housing (Homeowner)
  41.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  15.7% lower
  Commute
  39.1% lower
  Health
  4.9% lower
  Taxes
  Childcare
  Personal
  3.4% lower