Cost of Living: Sulphur, OK vs Hobbs, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Sulphur | Hobbs |
|---|---|---|
| Housing Index | 90.0 | 90.2 |
| Median Home Price | $168,000 | $265,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $1024 | $1280 |
Housing Comparison: Sulphur vs Hobbs
- The median home price in Hobbs is higher at $265,000, compared to $168,000 in Sulphur.
- Renting a two-bedroom apartment costs more in Sulphur at $960 than in Hobbs at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Sulphur | Hobbs |
|---|---|---|
| Electricity Price | $12.37 | $14.44 |
| Natural Gas Price | $20.27 | $Data is updating |
| Other Utilities | $180 | $220 |
Utilities Comparison: Sulphur vs Hobbs
- Hobbs has higher electricity costs at $14.44 per kWh, versus $12.37 in Sulphur.
- Natural gas price data is currently unavailable.
- Hobbs has higher utility expenses, averaging $220, while Sulphur averages $180.