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Now includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium.
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SOCORRO vs. HOBBS
Cost of Living Comparison
Comparison
Food
Housing
Utilities
Commute
Health
Taxes
Childcare
Personal
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Cost of Living Calculator - Socorro, New Mexico vs Hobbs, New Mexico
The cost of living in Hobbs, New Mexico is
7.9%
more expensive
than Socorro, New Mexico.
You would need a salary of
$80,966
in Hobbs, New Mexico to maintain the standard of living you have in Socorro, New Mexico.
Comparison highlights
• Overall, Hobbs, New Mexico is
more expensive
than Socorro, New Mexico
• Overall1 is the biggest factor in the cost of living difference.
Overall1
8% more expensive in Hobbs
than in Socorro, New Mexico
Socorro, NM vs Hobbs, NM
Compared to Socorro, Hobbs is:
Homeowner
No Child Care, Taxes not Considered
7.9% higher
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
0.4% higher
Housing (Homeowner)
6.7% higher
Housing (Rent)
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Median Home Cost
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Utilities
20.0% lower
Commute
6.7% higher
Health
2.9% higher
Taxes
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Childcare
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Personal
5.8% higher
Cost of Food
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