Cost of Living in Hobe Sound, FL
Population 14,313 · Florida · Data vintage 2023
(100 = US avg)
Hobe Sound skews considerably older than the national median, with an average age of 56. Reported household income of $63,233 often reflects pension and investment income rather than wages, which makes the local tax picture — especially property tax treatment — a larger factor than in working-age cities.
Located 20 miles southeast of Port St. Lucie, Hobe Sound falls within that metro's commuting orbit. Housing prices track closely with Port St. Lucie's $328,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hobe Sound
The median home value in Hobe Sound is $323,700 — 6% above the national median of $305,000. Median rent runs $1,184/month, 10% lower than the national median of $1,314/month. The median household income of $63,233/year is 15% lower than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Florida charges no state income tax, a meaningful advantage for take-home pay. Overall, Hobe Sound has a cost of living index of 100 versus the US average of 100, meaning it is on par with the national average.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Hobe Sound, FL?
Hobe Sound has a cost index of 100 (100 = national average). It is near the national average.
What is average rent in Hobe Sound, FL?
The median gross rent in Hobe Sound is $1,184 per month based on 2023 Census data.
What is the average home price in Hobe Sound?
The median home value in Hobe Sound is $323,700 according to Zillow and Census data.
What is the median income in Hobe Sound?
The median household income in Hobe Sound is $63,233 per year (2023 ACS 5-year estimates).
What is the sales tax in Hobe Sound, FL?
The combined state and local sales tax rate in Hobe Sound is 7.0%. Florida has no state income tax.
Is Hobe Sound, FL affordable?
Hobe Sound is near the national average in terms of cost of living, with an index of 100 (100 = US average).
Hobe Sound at a Glance
- Population
- 14,313
- Median Income
- $63,233
- Home Value
- $323,700
- Median Rent
- $1,184/mo
- Unemployment
- 4.8%
- Sales Tax
- 7.0%
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Florida Rankings
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