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HOBBS vs. ELK_CITY
Cost of Living Comparison

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Cost of Living Calculator - Hobbs, New Mexico vs Elk City, Oklahoma

The cost of living in Elk City, Oklahoma is 3.3% cheaper than Hobbs, New Mexico.

You would need a salary of $48,359 in Elk City, Oklahoma to maintain the standard of living you have in Hobbs, New Mexico.

Comparison highlights

• Overall, Elk City, Oklahoma is cheaper than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.

Median Home Cost
7% cheaper in Elk City
than in Hobbs, New Mexico

Hobbs, NM vs Elk_City, OK

Compared to Hobbs, Elk_City is:

Homeowner

No Child Care, Taxes not Considered

3.3% 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

0.4% higher

Housing (Homeowner)

22.9% lower

Housing (Rent)

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Median Home Cost

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Utilities

15.0% higher

Commute

4.9% lower

Health

30.9% higher

Taxes

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Childcare

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Personal

0.4% lower

Cost of Food

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