Cost of Living in Hobbs, IN
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
98.4
100 = national avg
-1.6 vs national average
Living Wage (1 Adult)
$43,312
per year
Living Wage (Family of 4)
$102,373
per year
Cost Index by Category
Housing62.8
Food121.1
Transportation98.3
Healthcare116.9
Utilities105.2
100 = national average. Higher = more expensive.
The overall cost of living index in Hobbs is 98.4, which is 1.6% below the national average. Housing costs are below the national average at an index of 62.8. A single adult needs to earn approximately $43,312 per year to cover basic expenses.