Hobbs Cost of Living: New Mexico (NM)
The cost of living in Hobbs, New Mexico (NM) is higher than the average cost of living in the state of New Mexico but lower than the nationwide city average. The average annual pay in Hobbs is $43,907.00, which is $4,649.00 higher than the salary average in New Mexico but lower than the U.S. average yearly wages by $2,835.00.
Our cost of living index utilizes a proprietary method involving supply and demand factors, salary ranges for Hobbs, New Mexico, taxes and regional Consumer Price Index (CPI) data.
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| Average Annual Pay: |
| Hobbs |
New Mexico |
U.S. City Average |
 |
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| $43,907.00 |
$39,258.00 |
$46,742.00 |
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