Cost of Living: Tifton, GA vs Hobbs, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Tifton | Hobbs |
|---|---|---|
| Housing Index | 85.0 | 90.2 |
| Median Home Price | $205,000 | $265,000 |
| Average Rent (2 BR Apartment) | $1200 | $1200 |
| Average Rent (2 BR House) | $1360 | $1280 |
Housing Comparison: Tifton vs Hobbs
- The median home price in Hobbs is higher at $265,000, compared to $205,000 in Tifton.
- The rent for a two-bedroom apartment is equal in both Tifton and 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 | Tifton | Hobbs |
|---|---|---|
| Electricity Price | $15.53 | $14.44 |
| Natural Gas Price | $27.53 | $Data is updating |
| Other Utilities | $250 | $220 |
Utilities Comparison: Tifton vs Hobbs
- Electricity costs are higher in Tifton at $15.53 per kWh, compared to $14.44 in Hobbs.
- Natural gas price data is currently unavailable.
- Other utility costs are higher in Tifton at an average of $250, compared to Hobbs with $220.