Durham, North Carolina vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 18.8% cheaper than Durham, North Carolina.

You would need a salary of $40,615 in Hobbs, New Mexico to maintain the standard of living you have in Durham, North Carolina.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Durham, North Carolina
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
59% cheaper in Hobbs
than in Durham, North Carolina
Durham, NC vs. Hobbs, NM
Compared to Durham, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  18.8% 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
  6.5% lower
  Housing (Homeowner)
  39.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  14.3% lower
  Commute
  14.6% lower
  Health
  10.1% lower
  Taxes
  Childcare
  Personal
  0.8% higher