Richmond, Virginia vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 17.6% cheaper than Richmond, Virginia.

You would need a salary of $47,800 in Hobbs, New Mexico to maintain the standard of living you have in Richmond, Virginia.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Richmond, Virginia
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
51% cheaper in Hobbs
than in Richmond, Virginia
Richmond, VA vs. Hobbs, NM
Compared to Richmond, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  17.6% 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
  5.3% lower
  Housing (Homeowner)
  34.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.2% lower
  Commute
  14.0% lower
  Health
  11.3% lower
  Taxes
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  Childcare
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  Personal
  8.3% lower
Cost of Food
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