Farmington, New Mexico vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 1.1% more expensive than Farmington, New Mexico.

You would need a salary of $50,575 in Hobbs, New Mexico to maintain the standard of living you have in Farmington, New Mexico.
Comparison highlights
• Overall, Hobbs, New Mexico is more expensive than Farmington, New Mexico
• Health is the biggest factor in the cost of living difference.
Health
5% more expensive in Hobbs
than in Farmington, New Mexico
Farmington, NM vs. Hobbs, NM
Compared to Farmington, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  1.1% higher
      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
  2.8% lower
  Housing (Homeowner)
  26.6% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  2.4% lower
  Commute
  8.2% lower
  Health
  5.0% higher
  Taxes
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  Childcare
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  Personal
  1.2% higher
Cost of Food
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