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
      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
  3.4% lower
  Housing (Homeowner)
  42.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  23.5% higher
  Commute
  3.3% lower
  Health
  1.0% lower
  Taxes
  Childcare
  Personal
  3.5% lower

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