Cost of Living: Taylorsville, NC vs Hobbs, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Taylorsville | Hobbs |
|---|---|---|
| Housing Index | 90.0 | 90.2 |
| Median Home Price | $254,000 | $265,000 |
| Average Rent (2 BR Apartment) | $960 | $1200 |
| Average Rent (2 BR House) | $1000 | $1280 |
Housing Comparison: Taylorsville vs Hobbs
- The median home price in Hobbs is higher at $265,000, compared to $254,000 in Taylorsville.
- Renting a two-bedroom apartment costs more in Taylorsville 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 | Taylorsville | Hobbs |
|---|---|---|
| Electricity Price | $13.72 | $14.44 |
| Natural Gas Price | $Data is updating | $Data is updating |
| Other Utilities | $220 | $220 |
Utilities Comparison: Taylorsville vs Hobbs
- Hobbs has higher electricity costs at $14.44 per kWh, versus $13.72 in Taylorsville.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Taylorsville and Hobbs averaging $220.