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HOBBS vs. HOPE
Cost of Living Comparison

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Cost of Living Calculator - Hobbs, New Mexico vs Hope, New Mexico

The cost of living in Hope, New Mexico is 20.8% cheaper than Hobbs, New Mexico.

You would need a salary of $39,612 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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