Housing costs in Hillsboro?
A typical home costs
$235,200, which is 30.4% less expensive than the national average of
$338,100 and 39.4% less expensive than the average Maryland home, at
$388,100. Renting a two-bedroom unit in Hillsboro costs
$1,060 per month, which is 25.9% cheaper than the national average of
$1,430 and 52.8% cheaper than the state average of
$1,620.
Can I afford Hillsboro?
To live comfortably in Hillsboro (zip 21641), Maryland, a minimum annual income of
$45,000 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Hillsboro?
The cost of living in 21641 Hillsboro, MD is relatively low compared to the national average. The median home value in the city is around $268,000, which is lower than the Maryland state average of $325,000. Rent prices for a one-bedroom apartment range from $1,000 to $1,500 depending on location and amenities. Utilities such as electricity are low cost as well, averaging about $100 per month. Grocery prices are also reasonable with a cart of groceries costing around $50 for a family of four. In general, living in this area can be affordable and budget friendly.