Cost of living in Hobe Sound, FL — Housing, Rent & Index

The median home value in Hobe Sound, FL is $500,545 as of 2026-04. That places Hobe Sound above the US average for housing cost, with a cost index of approximately 141 versus a national baseline of 100.

Over the past 12 months, the median home value in Hobe Sound has fallen 4.1%, and over the past five years it has averaged +6.1% annual growth. The current price sits -6.8% from its 5-year peak in 2024-05.

Renters pay a median of $2,383 per month in Hobe Sound. Rents have changed +4.4% over the last year and averaged — per year over five years.

Beyond housing, day-to-day costs in Hobe Sound are shaped by state and local taxes, utility rates, transportation, and groceries. This page focuses on the housing component, which is the largest single line in most household budgets and the easiest to compare across cities using consistent national data.