Midland, Texas vs. Hobbs, New Mexico

Cost of Living Comparison

The cost of living in Hobbs, New Mexico is 13.6% cheaper than Midland, Texas.

You would need a salary of $64,776 in Hobbs, New Mexico to maintain the standard of living you have in Midland, Texas.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Midland, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
42% cheaper in Hobbs
than in Midland, Texas
Midland, TX vs. Hobbs, NM
Compared to Midland, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  13.6% 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
  4.5% lower
  Housing (Homeowner)
  46.3% lower
  Housing (Rent)
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  Median Home Cost
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  Utilities
  13.6% lower
  Commute
  3.6% lower
  Health
  19.7% lower
  Taxes
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  Childcare
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  Personal
  2.0% lower
Cost of Food
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