Raymond, Mississippi vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 2.5% cheaper than Raymond, Mississippi.

You would need a salary of $48,768 in Hobbs, New Mexico to maintain the standard of living you have in Raymond, Mississippi.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Raymond, Mississippi
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
1% cheaper in Hobbs
than in Raymond, Mississippi
Raymond, MS vs. Hobbs, NM
Compared to Raymond, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  2.5% 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
  8.2% lower
  Housing (Homeowner)
  13.9% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  10.2% lower
  Commute
  17.4% lower
  Health
  13.9% lower
  Taxes
  Childcare
  Personal
  1.6% higher