With only a quarter of the season gone, Hodgson also suggested it was too early to be rubbishing the credentials of any side and suggested there have been precedents of clubs overhauling pints deficits to claim the title.
"I remember not so long ago Manchester United were lingering in the middle of the table almost halfway through the season and went on to win it," he added.
After extending their unbeaten league run to four matches with Saturday's victory, Fulham lie 11th in the table on 14 points.
However, Hodgson remains realistic about his side's chances of repeating last season's 7th-place finish, which saw them qualify for the Europa League.
"To be one of the best seven teams in the league is going to be very difficult for us on an annual basis," he explained. "The club is not necessarily geared for that.
"More and more money is being spent and the top four is rapidly becoming the top seven in terms of financial power.
"It would be nice if we could treat our fans to a season when they are not biting their nails into the last two or three games and be a good enough team to occasionally spring surprises like we did yesterday."
Second-half goals from Erik Nevland and Clint Dempsey sealed victory for Fulham on Saturday, after Fernando Torres had levelled following Bobby Zamora's 24th minute opener.
Liverpool also had Philipp Degen and Jamie Carragher sent off just prior to the third Fulham goal.
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