Cost of Living in Hobson, AL
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.2
100 = national avg
+3.2 vs national average
Living Wage (1 Adult)
$45,410
per year
Living Wage (Family of 4)
$107,333
per year
Cost Index by Category
Housing86.6
Transportation146.8
Utilities96.0
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$818
per month
2 Bedroom
$983
per month
The overall cost of living index in Hobson is 103.2, which is 3.2% above the national average. Housing costs are below the national average at an index of 86.6. A single adult needs to earn approximately $45,410 per year to cover basic expenses.