Cost of Living: Fairview heights, IL vs Hobbs, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Fairview heights | Hobbs |
|---|---|---|
| Housing Index | 88.0 | 90.2 |
| Median Home Price | $210,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1050 | $1200 |
| Average Rent (2 BR House) | $1100 | $1280 |
Housing Comparison: Fairview heights vs Hobbs
- The median home price in Hobbs is higher at $265,000, compared to $210,000 in Fairview heights.
- In Hobbs, the rental for a two-bedroom apartment stands at $1,200, while it is $1,050 in Fairview heights.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Fairview heights | Hobbs |
|---|---|---|
| Electricity Price | $16.15 | $14.44 |
| Natural Gas Price | $16.59 | $Data is updating |
| Other Utilities | $250 | $220 |
Utilities Comparison: Fairview heights vs Hobbs
- Electricity costs are higher in Fairview heights at $16.15 per kWh, compared to $14.44 in Hobbs.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Fairview heights at an average of $250, compared to Hobbs with $220.