Cost of Living Calculator - Hobbs, New Mexico vs Red River, New Mexico


The cost of living in Red River, New Mexico is 22.1% more expensive than Hobbs, New Mexico.

You would need a salary of $61,048 in Red River, New Mexico to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Red River, New Mexico is more expensive than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
102% more expensive in Red River
than in Hobbs, New Mexico
Hobbs, NM vs Red River, NM
Compared to Hobbs, Red River is:
  Homeowner
      No Child Care, Taxes not Considered
  22.1% 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
  9.6% higher
  Housing (Homeowner)
  145.1% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  15.7% higher
  Commute
  2.2% higher
  Health
  4.0% lower
  Taxes
  Childcare
  Personal
  2.1% lower

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