Housing costs in Hillsboro?
A typical home costs
$263,900, which is 21.9% less expensive than the national average of
$338,100 and 4.9% less expensive than the average Tennessee home, at
$277,400. Renting a two-bedroom unit in Hillsboro costs
$810 per month, which is 24.3% cheaper than the national average of
$1,070 and 3.7% more than the state average of
$780.
Can I afford Hillsboro?
To live comfortably in Hillsboro (zip 37342), Tennessee, a minimum annual income of
$50,400 for a family, and
$24,800 for a single person is recommended.
What does A.I. say about Hillsboro?
The cost of living in 37342 Hillsboro, TN is relatively affordable compared to other areas of the country. The overall cost of living index for the area is estimated to be around 87, which is 13% lower than the U.S. average. Housing costs are especially low, with median home values hovering at around $117,000 and median rent prices coming in at an incredibly low $638 per month. In terms of utilities and groceries, these expenses also remain quite reasonable when compared to neighboring cities and towns. Overall, 37342 Hillsboro, TN provides a high quality of life at an affordable cost for its residents and visitors alike.