Cost of Living Calculator - Loving, New Mexico vs Hope, New Mexico


The cost of living in Hope, New Mexico is 13.6% cheaper than Loving, New Mexico.

You would need a salary of $43,185 in Hope, New Mexico to maintain the standard of living you have in Loving, New Mexico.
Comparison highlights
• Overall, Hope, New Mexico is cheaper than Loving, New Mexico
• Housing is the biggest factor in the cost of living difference.
Housing
60% cheaper in Hope
than in Loving, New Mexico
Loving, NM vs Hope, NM
Compared to Loving, Hope is:
  Homeowner
      No Child Care, Taxes not Considered
  13.6% 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
  2.1% higher
  Housing (Homeowner)
  60.5% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  18.4% lower
  Commute
  0.6% lower
  Health
  0.0% higher
  Taxes
  Childcare
  Personal
  0.8% lower

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