Housing costs in Hillsborough?
A typical home costs
$4,931,200, which is 1,358.5% more expensive than the national average of
$338,100 and 572.3% more expensive than the average California home, at
$733,500. Renting a two-bedroom unit in Hillsborough costs
$3,590 per month, which is 151.0% more than the national average of
$1,430 and 40.1% more than the state average of
$2,150.
Can I afford Hillsborough?
To live comfortably in Hillsborough, California, a minimum annual income of
$945,000 for a family, and
$120,000 for a single person is recommended.
What does A.I. say about Hillsborough?
The cost of living in Hillsborough, CA is higher than the national average. Housing costs are particularly high due to the town's desirable location and limited supply of homes. The median home value for the area is $3.2 million and most rental units are priced at above-average rates. Transportation costs can also add up, as commuters often rely on cars to get around. While Hillsborough residents enjoy all that the affluent community has to offer, they should be prepared to pay a premium for the privilege of living there.