Hobbs, New Mexico vs. Florence, Colorado

Cost of Living Comparison

The cost of living in Florence, Colorado is 7.7% more expensive than Hobbs, New Mexico.

You would need a salary of $53,851 in Florence, Colorado to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Florence, Colorado is more expensive than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
60% more expensive in Florence
than in Hobbs, New Mexico
Hobbs, NM vs. Florence, CO
Compared to Hobbs, Florence is:
  Homeowner
      No Child Care, Taxes not Considered
  7.7% 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
  5.6% higher
  Housing (Homeowner)
  4.3% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  20.5% higher
  Commute
  15.9% higher
  Health
  3.0% higher
  Taxes
  Childcare
  Personal
  3.4% lower