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HOBBS vs. HOPE
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Hobbs, New Mexico vs. Hope, New Mexico
Cost of Living Comparison
The cost of living in Hope, New Mexico is
20.8%
cheaper
than Hobbs, New Mexico.
You would need a salary of
$39,583
in Hope, New Mexico to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Hope, New Mexico is
cheaper
than Hobbs, New Mexico
• Housing is the biggest factor in the cost of living difference.
Housing
66% cheaper in Hope
than in Hobbs, New Mexico
Hobbs, NM vs. Hope, NM
Compared to Hobbs, Hope is:
Homeowner
No Child Care, Taxes not Considered
20.8% 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
1.6% higher
Housing (Homeowner)
66.4% lower
Housing (Rent)
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Median Home Cost
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Utilities
1.4% lower
Commute
4.5% lower
Health
2.2% lower
Taxes
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Childcare
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Personal
6.4% lower
Cost of Food
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