Home → New Mexico

Cost of Living in Hobbs, NM

82.6
Very Affordable · National average is 100

Compare Cities

$63,804
Median Income
$1,067/mo
Median Rent
$165,000
Median Home
39,782
Population

Cost Breakdown

🏠Housing
87.5
0Nat'l Avg (100)200
🛒Groceries
82.8
0Nat'l Avg (100)200
🚗Transportation
78.4
0Nat'l Avg (100)200
🏥Healthcare
68.1
0Nat'l Avg (100)200
⚡Utilities
81.2
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$832
est.
$939
est.
$1,067$1,366
est.
$1,558
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Hobbs with cities in the area

Lovington, NM
Very Affordable
76.8
Eunice, NM
Very Affordable
79.3
Denver City, TX
Very Affordable
81.7
Seminole, TX
Very Affordable
74.8
Plains, TX
Very Affordable
67.5
Jal, NM
Very Affordable
66.6
Compare Hobbs vs LovingtonCompare Hobbs vs EuniceCompare Hobbs vs Denver City