Cost of Living in Hobson City, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
59.1
100 = national avg
-40.9 vs national average
Living Wage (1 Adult)
$26,022
per year
Living Wage (Family of 4)
$61,507
per year
Cost Index by Category
Housing44.1
Food77.3
Transportation54.7
Healthcare81.9
Utilities75.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$757
per month
2 Bedroom
$962
per month
The overall cost of living index in Hobson City is 59.1, which is 40.9% below the national average. Housing costs are below the national average at an index of 44.1. A single adult needs to earn approximately $26,022 per year to cover basic expenses.