Fairhope, Alabama vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 23.3% cheaper than Fairhope, Alabama.

You would need a salary of $38,335 in Hobbs, New Mexico to maintain the standard of living you have in Fairhope, Alabama.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Fairhope, Alabama
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
62% cheaper in Hobbs
than in Fairhope, Alabama
Fairhope, AL vs. Hobbs, NM
Compared to Fairhope, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  23.3% 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
  7.9% lower
  Housing (Homeowner)
  49.2% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  12.8% lower
  Commute
  6.1% lower
  Health
  23.8% lower
  Taxes
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  Childcare
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  Personal
  3.2% lower
Cost of Food
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