Housing costs in Hillsboro?
A typical home costs
$188,200, which is 44.3% less expensive than the national average of
$338,100 and 21.8% less expensive than the average North Dakota home, at
$240,700. Renting a two-bedroom unit in Hillsboro costs
$890 per month, which is 37.8% cheaper than the national average of
$1,430 and 3.4% cheaper than the state average of
$920.
Can I afford Hillsboro?
To live comfortably in Hillsboro (zip 58045), North Dakota, a minimum annual income of
$36,000 for a family, and
$28,400 for a single person is recommended.
What does A.I. say about Hillsboro?
The cost of living in 58045 Hillsboro, ND is relatively low compared to the rest of the United States. The median home value is $123,150, which is much lower than the national average of $225,000. Furthermore, the median household income is $47,740 which is significantly lower than the U.S. average of $61,937. A variety of factors contribute to this low cost of living including local job growth and a vibrant agricultural industry that provides inexpensive food products for residents in surrounding communities. Additionally, there are no state income taxes in North Dakota so residents don’t have to worry about paying additional taxes on their income. All these benefits lead to an overall low cost of living making it an ideal place for those looking to save money while enjoying all the amenities and beauty that 58045 Hillsboro has to offer.