Housing costs in Hillsboro?
A typical home costs
$107,700, which is 68.1% less expensive than the national average of
$338,100 and 44.7% less expensive than the average Iowa home, at
$194,900. Renting a two-bedroom unit in Hillsboro costs
$830 per month, which is 42.0% cheaper than the national average of
$1,430 and 12.0% cheaper than the state average of
$930.
Can I afford Hillsboro?
To live comfortably in Hillsboro, Iowa, a minimum annual income of
$20,520 for a family, and
$26,400 for a single person is recommended.
What does A.I. say about Hillsboro?
The cost of living in Hillsboro, IA is quite reasonable. The median home value in Hillsboro is around $118,000, which is much lower than the national average of approximately $220,000. The median household income in Hillsboro is also slightly lower than the national average at about $62,000. Other costs of living such as groceries and transportation are also generally less expensive than those found in larger cities. In addition to a low cost of living, Hillsboro also offers an array of attractions and activities for residents to enjoy, making it a great place to live at an affordable price.