Cost of Living Calculator - Minneapolis, Minnesota vs Hobbs, New Mexico


The cost of living in Hobbs, New Mexico is 24.6% cheaper than Minneapolis, Minnesota.

You would need a salary of $75,429 in Hobbs, New Mexico to maintain the standard of living you have in Minneapolis, Minnesota.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Minneapolis, Minnesota
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
46% cheaper in Hobbs
than in Minneapolis, Minnesota
Minneapolis, MN vs Hobbs, NM
Compared to Minneapolis, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  24.6% 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
  8.3% lower
  Housing (Homeowner)
  48.1% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  13.9% lower
  Commute
  33.8% lower
  Health
  16.1% higher
  Taxes
  Childcare
  Personal
  10.6% lower

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