
Housing costs in Hillsboro?
A typical home costs
$250,600, which is 25.9% less expensive than the national average of
$338,100 and 6.2% less expensive than the average New Mexico home, at
$267,100. Renting a two-bedroom unit in Hillsboro costs
$730 per month, which is 49.0% cheaper than the national average of
$1,430 and 39.7% cheaper than the state average of
$1,020.
Can I afford Hillsboro?
To live comfortably in Hillsboro (zip 88042), New Mexico, a minimum annual income of
$47,880 for a family, and
$22,400 for a single person is recommended.
What does A.I. say about Hillsboro?
The cost of living in 88042 Hillsboro, NM is relatively low compared to other parts of the state. The median home value is $103,600, while the median rent is just $637 per month. The cost of groceries and healthcare are also lower than the national average. Overall, living costs in 88042 Hillsboro, NM are about 12% lower than the national average, making it a great place to live for those looking for an affordable lifestyle.