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Elkmont, AL vs Hobson City, AL

64
Elkmont
Alabama
VS
+25.5%
51
Hobson City
Alabama

There is a significant gap in the cost of living between these two cities. Hobson City is 25.5% cheaper than Elkmont. With a cost index of 51 vs 64, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hobson City to Elkmont should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elkmont is $423/month compared to $407/month in Hobson City — a 4% difference. Home values follow the same pattern: Hobson City is more affordable at $100,000 median vs $219,200.

Median household income in Elkmont is $47,500 compared to $35,769 in Hobson City (+32.8%). While Elkmont is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elkmont spend roughly 10.7% of their income on rent, less than the 13.7% in Hobson City.

Climate-wise, both cities share similar average temperatures (61.4°F vs 63.1°F). Hobson City receives more rainfall at 52.1" per year compared to 49.5" in Elkmont.

Income & Cost

Cost of Living Index
Elkmont
64
Hobson City
51
20% cheaper
Median Household Income
Elkmont
$47,500
25% higher
Hobson City
$35,769

Housing

Median Rent
Elkmont
$423
Hobson City
$407
4% cheaper
Median Home Value
Elkmont
$219,200
Hobson City
$100,000
54% cheaper
Population
Elkmont
327
Hobson City
962

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elkmont $2.90
Hobson City $2.90
US $3.07
🥚
Eggs (grade A, large)
Elkmont $2.37
Hobson City $2.37
US $2.50
🥛
Milk (whole)
Elkmont $3.81
Hobson City $3.81
US $4.03
🍞
Bread (white)
Elkmont $1.75
Hobson City $1.75
US $1.85
🍗
Chicken breast
Elkmont $3.92
Hobson City $3.92
US $4.14
Electricity
Elkmont $0.17
Hobson City $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Elkmont 61.4°F
Hobson City 63.1°F
Summer High
Elkmont 90°F
Hobson City 90°F
Winter Low
Elkmont 32°F
Hobson City 34°F
Rainfall
Elkmont 49.5"
Hobson City 52.1"
Rainy Days
Elkmont 126d
Hobson City 119d