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North Hobbs, NM vs Pojoaque, NM

85
North Hobbs
New Mexico
VS
+14.5%
74
Pojoaque
New Mexico

Pojoaque is moderately more affordable than North Hobbs, with a 14.5% lower cost of living index. North Hobbs scores 85 compared to 74 for Pojoaque, where the US average is 100. This difference means residents of North Hobbs can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in North Hobbs is $1,109/month compared to $945/month in Pojoaque — a 17% difference. Home values follow the same pattern: Pojoaque is more affordable at $154,300 median vs $233,200.

Median household income in North Hobbs is $89,279 compared to $68,188 in Pojoaque (+30.9%). While North 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 North Hobbs spend roughly 14.9% of their income on rent, less than the 16.6% in Pojoaque.

Income & Cost

Cost of Living Index
North Hobbs
85
Pojoaque
74
13% cheaper
Median Household Income
North Hobbs
$89,279
24% higher
Pojoaque
$68,188

Housing

Median Rent
North Hobbs
$1,109
Pojoaque
$945
15% cheaper
Median Home Value
North Hobbs
$233,200
Pojoaque
$154,300
34% cheaper
Population
North Hobbs
6,099
Pojoaque
2,274

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
North Hobbs
Pojoaque $2.99
US $3.07
🥚
Eggs (grade A, large)
North Hobbs
Pojoaque $2.44
US $2.50
🥛
Milk (whole)
North Hobbs
Pojoaque $3.92
US $4.03
🍞
Bread (white)
North Hobbs
Pojoaque $1.80
US $1.85
🍗
Chicken breast
North Hobbs
Pojoaque $4.04
US $4.14
Electricity
North Hobbs
Pojoaque $0.15
US $0.19