Cost of Living: Hobbs, NM vs Sienna, TX
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,230/mo in Hobbs, NM versus $4,516/mo in Sienna, TX. In the model, rent is about 16.49% of gross in Hobbs, NM versus 41.57% in Sienna, TX, so Hobbs, NM tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between Hobbs, NM and Sienna, TX.
At a glance
- Cheaper overall (lower cost-of-living index): Sienna, TX
- Lower rent (median 1BR/2BR): Hobbs, NM
- Lower home prices: Hobbs, NM
- Higher median household income: Sienna, TX
Cost of Living Index
Hobbs, NM: 100 (U.S. = 100) · Sienna, TX: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
Hobbs, NM: $1,076/mo (midpoint of 1BR/2BR) · Sienna, TX: $2,711/mo
Median rent in Sienna, TX is $1,635/mo higher than in Hobbs, NM.
Median Home Price
Hobbs, NM: $180,700 · Sienna, TX: $440,600
Median home price in Sienna, TX is $259,900 higher than in Hobbs, NM.
Median Household Income
Hobbs, NM: $65,691 · Sienna, TX: $171,709
Sienna, TX has a higher median household income than Hobbs, NM by $106,018.
Hobbs, NM overview · Sienna, TX overview · Popular comparisons