Cost of Living Calculator - Hobbs, New Mexico vs Fairbanks, Alaska


The cost of living in Fairbanks, Alaska is 28.8% more expensive than Hobbs, New Mexico.

You would need a salary of $64,394 in Fairbanks, Alaska to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Fairbanks, Alaska is more expensive than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
75% more expensive in Fairbanks
than in Hobbs, New Mexico
Hobbs, NM vs Fairbanks, AK
Compared to Hobbs, Fairbanks is:
  Homeowner
      No Child Care, Taxes not Considered
  28.8% higher
      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
  43.3% higher
  Housing (Homeowner)
  75.5% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  56.3% higher
  Commute
  4.6% higher
  Health
  45.6% higher
  Taxes
  Childcare
  Personal
  22.4% higher

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