Gallup, NM vs Hobbs, NM

Gallup is moderately more affordable than Hobbs, with a 14.9% lower cost of living index. Gallup scores 69 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 Gallup is $858/month compared to $1,132/month in Hobbs — a 24% difference. Home values follow the same pattern: Gallup is more affordable at $134,600 median vs $180,700.

Median household income in Gallup is $57,466 compared to $65,691 in Hobbs (-12.5%). The higher salaries in Hobbs partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gallup spend roughly 17.9% of their income on rent, less than the 20.7% in Hobbs.