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Housing
Utilities
Commute
Health
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Cost of Living Calculator - Hobbs, New Mexico vs Truth or Consequences, New Mexico

The cost of living in Truth or Consequences, New Mexico is 10.6% cheaper than Hobbs, New Mexico.

You would need a salary of $67,045 in Truth or Consequences, New Mexico to maintain the standard of living you have in Hobbs, New Mexico.
Comparison highlights
• Overall, Truth or Consequences, New Mexico is cheaper than Hobbs, New Mexico
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
24% cheaper in Truth or Consequences
than in Hobbs, New Mexico
Hobbs, NM vs Truth_Or_Consequences, NM
Compared to Hobbs, Truth_Or_Consequences is:
  Homeowner
      No Child Care, Taxes not Considered
  10.6% 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
  3.4% lower
  Housing (Homeowner)
  42.4% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  23.5% higher
  Commute
  3.3% lower
  Health
  1.0% lower
  Taxes
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  Childcare
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  Personal
  3.5% lower
Cost of Food
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