Hobe Sound, FL Cost Of Living
Cost Of Living In Hobe Sound, FL Summary
Cost of living in Hobe Sound research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hobe Sound is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Florida, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hobe Sound is 95, with 100 being the average.
The cost of living index in Hobe Sound is 0.9x lower than the national average.
Hobe Sound ranks as the #164 cheapest in Florida out of 459.
Hobe Sound ranks as the #2,449 cheapest out of 6,412 in the US.
The median home value in Hobe Sound is $240,300.
The median income in Hobe Sound is $56,598.
Table Of Contents
Hobe Sound's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Hobe Sound, FL?
According to the most recent data on the cost of living, Hobe Sound has an overall cost of living index of 95, which is 0.9x lower than the national index of 100.
Compared to Florida, Hobe Sound has a cost of living index that's 0.9x lower than Florida's index of 101.
The standard of living in Hobe Sound ranks as #164 most affordable out of the 459 places we measured in Florida. By definition, that implies Hobe Sound ranks as the #295 most expensive place in the Sunshine State.
For more reading on life in Hobe Sound, check out:
- Living In Hobe Sound
- Search Homes For Sale In Hobe Sound, FL
In Florida
In America
Hobe Sound Cost Of Living Vs. Florida
Six factors go into calculating the cost of living index in Hobe Sound. Here is how it fairs on each of the criteria:
The Services index in Hobe Sound is 100.
The Groceries index in Hobe Sound is 103.
The Health index in Hobe Sound is 109.
The Housing index in Hobe Sound is 82.
The Transportation index in Hobe Sound is 101.
The Utilities index in Hobe Sound is 116.
| Living Expense | Hobe Sound | Florida | National Average | |
|---|---|---|---|---|
| Overall | 95 | 101 | 100 | |
| Services | 100 | 98 | 100 | |
| Groceries | 103 | 101 | 100 | |
| Health | 109 | 96 | 100 | |
| Housing | 82 | 108 | 100 | |
| Transportation | 101 | 98 | 100 | |
| Utilities | 116 | 100 | 100 | |
Hobe Sound, FL Housing Cost Breakdown
Housing swings affordability the most between places in Florida, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hobe Sound is $240,300.
The Median Rent in Hobe Sound is $1,105.
The Median Income in Hobe Sound is $56,598.
The Home Value To Income in Hobe Sound is 4.2x.
The Rent To Monthly Income in Hobe Sound is 0.23x.
| Statistic | Hobe Sound | Florida | United States |
|---|---|---|---|
| Median Home Value | $240,300 | $248,700 | $244,900 |
| Median Rent | $1,105 | $1,301 | $1,163 |
| Median Income | $56,598 | $61,777 | $69,021 |
| Home Value To Income | 4.2x | 4.0x | 3.5x |
| Rent To Monthly Income | 0.23x | 0.25x | 0.2x |
Median Home Value
Median Rent
Median Income
Hobe Sound, FL Costs By Category
Detailed Hobe Sound Services Costs Vs. Florida
| Item | Hobe Sound | Florida |
|---|---|---|
| Shampoo | $0.98 | $1.06 |
| Movie | $6.43 | $10.68 |
| Bowling | $17.55 | $14.67 |
| Haircut | $15.28 | $18.62 |
| Beauty Salon | $45.42 | $39.05 |
Detailed Hobe Sound Groceries Costs Vs. Florida
| Item | Hobe Sound | Florida |
|---|---|---|
| Ground Beef | $4.79 | $4.22 |
| Fried Chicken | $1.63 | $1.39 |
| Milk | $2.71 | $2.05 |
| Potatoes | $3.94 | $3.29 |
| Pizza | $9.99 | $10.62 |
| Beer | $10.23 | $9.38 |
| Toothpaste | $2.51 | $2.34 |
Detailed Hobe Sound Health Costs Vs. Florida
| Item | Hobe Sound | Florida |
|---|---|---|
| Optometrist | $157.83 | $108.57 |
| Doctor | $126.5 | $116.17 |
| Dentist | $108.78 | $99.13 |
Detailed Hobe Sound Transportation Costs Vs. Florida
| Item | Hobe Sound | Florida |
|---|---|---|
| Gasoline | $2.19 | $2.22 |
| Tire Balancing | $51.86 | $50.07 |
Detailed Hobe Sound Utilities Costs Vs. Florida
| Item | Hobe Sound | Florida |
|---|---|---|
| All Electricity | $208.89 | $167.67 |
| Phone | $188.17 | $175.64 |
Hobe Sound SnackAbility
/10
Cost Of Living In Cities Around Hobe Sound
The cost of living varies in the cities and towns around Hobe Sound. Here's a quick look at the cost of living in the most populous nearby places:
Jupiter, FL has a cost of living index of 123, 1.3x Hobe Sound.
Palm Beach Gardens, FL has a cost of living index of 122, 1.3x Hobe Sound.
Stuart, FL has a cost of living index of 93, 1.0x Hobe Sound.
| City | Population | Cost Of Living | Vs. Hobe Sound |
|---|---|---|---|
| Jupiter, FL | 60,629 | 123 | 1.3x |
| Palm Beach Gardens, FL | 58,482 | 122 | 1.3x |
| Stuart, FL | 17,269 | 93 | 1.0x |
| Jupiter Farms, FL | 13,437 | 126 | 1.3x |
| Jensen Beach, FL | 13,108 | 103 | 1.1x |
| North Palm Beach, FL | 13,096 | 116 | 1.2x |
| Port Salerno, FL | 11,441 | 104 | 1.1x |
| Tequesta, FL | 6,097 | 121 | 1.3x |
