Cost of Living: Martinsdale, MT vs Hobbs, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Martinsdale | Hobbs |
|---|---|---|
| Housing Index | Data is updating | 90.2 |
| Median Home Price | $250,000 | $265,000 |
| Average Rent (2 BR Apartment) | $Data is updating | $1200 |
| Average Rent (2 BR House) | $Data is updating | $1280 |
Housing Comparison: Martinsdale vs Hobbs
- The median home price in Hobbs is higher at $265,000, compared to $250,000 in Martinsdale.
- The rent for a two-bedroom apartment is equal in both Martinsdale and Hobbs at $0.0.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Martinsdale | Hobbs |
|---|---|---|
| Electricity Price | $13.58 | $14.44 |
| Natural Gas Price | $8.31 | $Data is updating |
| Other Utilities | $Data is updating | $220 |
Utilities Comparison: Martinsdale vs Hobbs
- Hobbs has higher electricity costs at $14.44 per kWh, versus $13.58 in Martinsdale.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Martinsdale and Hobbs averaging $0.0.