Housing costs in Hillsboro?
A typical home costs
$236,300, which is 30.1% less expensive than the national average of
$338,100 and 11.5% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hillsboro costs
$720 per month, which is 49.7% cheaper than the national average of
$1,430 and 41.7% cheaper than the state average of
$1,020.
Can I afford Hillsboro?
To live comfortably in Hillsboro, New Mexico, a minimum annual income of
$45,360 for a family, and
$22,000 for a single person is recommended.
What does A.I. say about Hillsboro?
Hillsboro, NM is a great place to live for those looking for an affordable cost of living. The overall cost of living in the city is well below the national average, with housing costs being especially affordable. The median home value is around $86,000 and rent prices are also low compared to other neighboring cities. Additionally, groceries, healthcare, and utilities in Hillsboro tend to be fairly inexpensive. Coupled with the excellent outdoor activities and ample recreational opportunities available in the area, it’s easy to see why more people are choosing Hillsboro as their new hometown.