Cost of Living Calculator - Hobbs, New Mexico vs Monument, Colorado


The cost of living in Monument, Colorado is 73.6% more expensive than Hobbs, New Mexico.

You would need a salary of $86,806 in Monument, Colorado to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Monument, Colorado is more expensive than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
356% more expensive in Monument
than in Hobbs, New Mexico
Hobbs, NM vs Monument, CO
Compared to Hobbs, Monument is:
  Homeowner
      No Child Care, Taxes not Considered
  73.6% 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
  11.2% higher
  Housing (Homeowner)
  259.0% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  9.1% higher
  Commute
  42.5% higher
  Health
  6.1% lower
  Taxes
  Childcare
  Personal
  1.6% lower

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