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Fellsmere, FL vs Hobe Sound, FL

77
Fellsmere
Florida
VS
-21.7%
98
Hobe Sound
Florida

There is a significant gap in the cost of living between these two cities. Fellsmere is 21.7% cheaper than Hobe Sound. With a cost index of 77 vs 98, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Fellsmere to Hobe Sound should plan for substantially higher expenses across most categories.

On the housing front, median rent in Fellsmere is $1,079/month compared to $1,184/month in Hobe Sound — a 9% difference. Home values follow the same pattern: Fellsmere is more affordable at $123,400 median vs $323,700.

Median household income in Fellsmere is $47,335 compared to $63,233 in Hobe Sound (-25.1%). While Hobe Sound is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Fellsmere spend roughly 27.4% of their income on rent, more than the 22.5% in Hobe Sound.

Income & Cost

Cost of Living Index
Fellsmere
77
22% cheaper
Hobe Sound
98
Median Household Income
Fellsmere
$47,335
Hobe Sound
$63,233
25% higher

Housing

Median Rent
Fellsmere
$1,079
9% cheaper
Hobe Sound
$1,184
Median Home Value
Fellsmere
$123,400
62% cheaper
Hobe Sound
$323,700
Population
Fellsmere
4,902
Hobe Sound
14,313

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Fellsmere $2.95
Hobe Sound $2.95
US $3.07
🥚
Eggs (grade A, large)
Fellsmere $2.41
Hobe Sound $2.41
US $2.50
🥛
Milk (whole)
Fellsmere $3.88
Hobe Sound $3.88
US $4.03
🍞
Bread (white)
Fellsmere $1.78
Hobe Sound $1.78
US $1.85
🍗
Chicken breast
Fellsmere $3.99
Hobe Sound $3.99
US $4.14
Electricity
Fellsmere $0.17
Hobe Sound $0.17
US $0.19