Rio Rancho, New Mexico vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 15.7% cheaper than Rio Rancho, New Mexico.

You would need a salary of $63,191 in Hobbs, New Mexico to maintain the standard of living you have in Rio Rancho, New Mexico.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Rio Rancho, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
49% cheaper in Hobbs
than in Rio Rancho, New Mexico
Rio_Rancho, NM vs. Hobbs, NM
Compared to Rio_Rancho, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  15.7% 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
  2.7% lower
  Housing (Homeowner)
  25.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.9% lower
  Commute
  28.0% lower
  Health
  9.9% higher
  Taxes
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  Childcare
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  Personal
  6.3% lower
Cost of Food
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