Cost of Living Calculator - Richmond, Texas vs Hobbs, New Mexico


The cost of living in Hobbs, New Mexico is 26.3% cheaper than Richmond, Texas.

You would need a salary of $51,620 in Hobbs, New Mexico to maintain the standard of living you have in Richmond, Texas.
Comparison highlights
• Overall, Hobbs, New Mexico is cheaper than Richmond, Texas
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
57% cheaper in Hobbs
than in Richmond, Texas
Richmond, TX vs Hobbs, NM
Compared to Richmond, Hobbs is:
  Homeowner
      No Child Care, Taxes not Considered
  26.3% 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
  6.3% lower
  Housing (Homeowner)
  46.4% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  14.5% lower
  Commute
  39.5% lower
  Health
  9.6% lower
  Taxes
  Childcare
  Personal
  9.2% lower

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.