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Cost & Benefits

Hobbs vs Loving

Simple answer

You'd likely save $215 a month in Hobbs.

Typical rent is $1,327 in Loving and $1,112 in Hobbs. This is the Census typical rent, not a promise about your lease.

Hobbs

New Mexico

Typical rent
$1,112
Typical pay
$64,021 a year
2-bedroom fair rent
$1,327
Price index
92.2 (state)

Loving

New Mexico

Typical rent
$1,327
Typical pay
$43,884 a year
2-bedroom fair rent
$1,252
Price index
92.2 (state)

Benefits after a move

Hobbs and Loving are in the same state, so the benefit rules do not change when you move between them.