Cost of Living: Hobbs, NM vs Muskogee, OK
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hobbs | Muskogee |
|---|---|---|
| Housing Index | 90.2 | 80.0 |
| Median Home Price | $265,000 | $150,000 |
| Average Rent (2 BR Apartment) | $1200 | $950 |
| Average Rent (2 BR House) | $1280 | $1000 |
Housing Comparison: Hobbs vs Muskogee
- In Hobbs, the median home price is higher at $265,000, while in Muskogee it is $150,000.
- In Muskogee, the rental for a two-bedroom apartment stands at $950, while it is $1,200 in Hobbs.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hobbs | Muskogee |
|---|---|---|
| Electricity Price | $14.44 | $12.37 |
| Natural Gas Price | $Data is updating | $20.27 |
| Other Utilities | $220 | $200 |
Utilities Comparison: Hobbs vs Muskogee
- Electricity costs are higher in Hobbs at $14.44 per kWh, compared to $12.37 in Muskogee.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Hobbs at an average of $220, compared to Muskogee with $200.