Hobe Sound, FL vs University CDP (Orange County), FL
Hobe Sound, FL and University CDP (Orange County), FL have a very similar cost of living, with only a 2.2% difference in their overall index. Hobe Sound scores 98 while University CDP (Orange County) scores 100 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Hobe Sound is $1,184/month compared to $1,393/month in University CDP (Orange County) — a 15% difference. Interestingly, home values tell a different story: while Hobe Sound has cheaper rent, University CDP (Orange County) actually has lower median home values ($275,300 vs $323,700).
Median household income in Hobe Sound is $63,233 compared to $59,322 in University CDP (Orange County) (+6.6%). Hobe Sound offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hobe Sound spend roughly 22.5% of their income on rent, less than the 28.2% in University CDP (Orange County).
Climate-wise, both cities share similar average temperatures (75.8°F vs 73.8°F). Hobe Sound receives more rainfall at 61.7" per year compared to 51.5" in University CDP (Orange County).
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