Clovis, NM vs Hobbs, NM

Clovis is moderately more affordable than Hobbs, with a 9% lower cost of living index. Clovis scores 74 compared to 81 for Hobbs, where the US average is 100. This difference means residents of Hobbs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Clovis is $947/month compared to $1,132/month in Hobbs — a 16% difference. Home values follow the same pattern: Clovis is more affordable at $160,000 median vs $180,700.

Median household income in Clovis is $54,029 compared to $65,691 in Hobbs (-17.8%). While Hobbs is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Clovis spend roughly 21% of their income on rent, more than the 20.7% in Hobbs.