Housing costs in Hillsborough?
A typical home costs
$424,300, which is 25.5% more expensive than the national average of
$338,100 and 46.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Hillsborough costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 13.3% more than the state average of
$1,110.
Can I afford Hillsborough?
To live comfortably in Hillsborough, North Carolina, a minimum annual income of
$81,360 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about Hillsborough?
The cost of living in Hillsborough, NC is very reasonable. The median home value is $221,000 and the median rent is just over $1,000. Groceries are reasonably priced as well and the average commute time is only 20 minutes. Additionally, electricity bills are relatively low since Hillsborough has a mild climate year-round. In addition to affordable housing costs, daily expenses like food and gas are also fairly inexpensive. Overall, those looking to relocate to Hillsborough can expect an excellent quality of life at an affordable price point.