Assisted Living Communities in Hobbs, New Mexico

Assisted Living costs in Hobbs start around $0 per month on average, while the nationwide average cost of assisted living is $4,000 per month, according to the latest figures from Genworth’s Cost of Care Survey.

It’s important to note that assisted living rates in Hobbs and the surrounding suburbs can vary widely based on factors such as location, the level of care needed, apartment size and the types of amenities offered at each community.

While many families use their own funds or personal assets to pay for assisted living, there are plenty of additional options to cover these costs. Some additional ways to finance assisted living costs include:

• Veterans Benefits
• Life Insurance Policy
• Long-Term Care Insurance
• Reverse Mortgage

For more information about different ways to finance assisted living, visit our Assisted Living in New Mexico page.

Set in the southeast corner of New Mexico, Hobbs is just an hour away from the famous Carlsbad Caverns, where seniors can take tours guided by rangers. Seniors make up  9.6 percent of the local population and the area offers three assisted living facilities to serve them. The facilities are regulated and licensed through the New Mexico Department of Health, Division of Health Improvement, Health Facility Licensing and Certification Bureau. 

• Seniors on a budget will appreciate the cost of living in Hobbs, which sits at 16 percent lower than the national average and 11 percent lower than the state of New Mexico.
• Hobbs has one of the highest crime rates in the country with only 4 percent of United States cities ranking as more dangerous. Based on FBI reported data, a resident's chance of becoming a violent crime victim is one in 164 and the chance of being a victim of property crime is one in 20.
• Public transportation is provided by Hobbs Express, a shuttle service that offers fixed route and on-demand service. Senior discounts are not offered but U.S. veterans ride free with a Veteran's ID or New Mexico driver's license that displays veteran status.
• Hobbs offers a milder climate, ranging from an evening low of 27.9 degrees Fahrenheit in January and a daytime high of 93.5 degrees in July. The area receives a Sperling's Comfort Index of 68, reflecting the many days each year the temperature maxes out between 70 and 80 degrees. The desert setting keeps precipitation low, with an average of 15.5 inches of rain and 3.6 inches of snow annually.
• The state taxes all retirement income but offers tax rebates to seniors over 65 with a modified gross income under $22,000. Seniors with at least $28,000 in out-of-pocket medical expenses for the year qualify for a tax credit and exemption.
• The Hobbs area is home to world-class medical facilities, including Lea Regional Medical Center and Nor Lea General Hospital, in the event of medical emergencies or illness.