Housing costs in Hillsboro?
A typical home costs
$253,500, which is 25.0% less expensive than the national average of
$338,100 and 19.4% more expensive than the average Missouri home, at
$212,300. Renting a two-bedroom unit in Hillsboro costs
$930 per month, which is 2.1% cheaper than the national average of
$950 and 6.5% cheaper than the state average of
$990.
Can I afford Hillsboro?
To live comfortably in Hillsboro (zip 63050), Missouri, a minimum annual income of
$48,600 for a family, and
$29,600 for a single person is recommended.
What does A.I. say about Hillsboro?
63050 Hillsboro, MO has an overall cost of living index that is slightly below the national average. The biggest contributing factors to this lower cost of living are the low housing costs, which are around 15% lower than the rest of the United States. Other costs such as healthcare, transportation, and groceries are also lower than the national averages. This makes 63050 Hillsboro a great place for those looking for an affordable cost of living without sacrificing quality of life.