Cost of living in Hillsboro research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hillsboro is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Ohio, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hillsboro is 83, with 100 being the average.
The cost of living index in Hillsboro is 0.8x lower than the national average.
Hillsboro ranks as the #30 cheapest in Ohio out of 286.
Hillsboro ranks as the #491 cheapest out of 6,412 in the US.
The median home value in Hillsboro is $109,600.
The median income in Hillsboro is $36,798.
According to the most recent data on the cost of living, Hillsboro has an overall cost of living index of 83, which is 0.8x lower than the national index of 100.
Compared to Ohio, Hillsboro has a cost of living index that's 0.9x lower than Ohio's index of 91.
The standard of living in Hillsboro ranks as #30 most affordable out of the 286 places we measured in Ohio. By definition, that implies Hillsboro ranks as the #256 most expensive place in the Buckeye State.
For more reading on life in Hillsboro, check out:
Six factors go into calculating the cost of living index in Hillsboro. Here is how it fairs on each of the criteria:
The Services index in Hillsboro is 102.
The Groceries index in Hillsboro is 95.
The Health index in Hillsboro is 101.
The Housing index in Hillsboro is 53.
The Transportation index in Hillsboro is 106.
The Utilities index in Hillsboro is 89.
Living Expense | Hillsboro | Ohio | National Average | |
---|---|---|---|---|
Overall | 83 | 91 | 100 | |
Services | 102 | 98 | 100 | |
Groceries | 95 | 101 | 100 | |
Health | 101 | 95 | 100 | |
Housing | 53 | 73 | 100 | |
Transportation | 106 | 98 | 100 | |
Utilities | 89 | 93 | 100 |
Housing swings affordability the most between places in Ohio, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Hillsboro is $109,600.
The Median Rent in Hillsboro is $673.
The Median Income in Hillsboro is $36,798.
The Home Value To Income in Hillsboro is 3.0x.
The Rent To Monthly Income in Hillsboro is 0.22x.
Statistic | Hillsboro | Ohio | United States |
---|---|---|---|
Median Home Value | $109,600 | $159,900 | $244,900 |
Median Rent | $673 | $870 | $1,163 |
Median Income | $36,798 | $61,938 | $69,021 |
Home Value To Income | 3.0x | 2.6x | 3.5x |
Rent To Monthly Income | 0.22x | 0.17x | 0.2x |
The cost of living varies in the cities and towns around Hillsboro. Here's a quick look at the cost of living in the most populous nearby places:
Mason, OH has a cost of living index of 104, 1.3x Hillsboro.
Springboro, OH has a cost of living index of 101, 1.2x Hillsboro.
Blue Ash, OH has a cost of living index of 103, 1.2x Hillsboro.
City | Population | Cost Of Living | Vs. Hillsboro |
---|---|---|---|
Mason, OH | 34,337 | 104 | 1.3x |
Springboro, OH | 18,831 | 101 | 1.2x |
Blue Ash, OH | 13,229 | 103 | 1.2x |
Montgomery, OH | 10,796 | 115 | 1.4x |
Forestville, OH | 10,485 | 99 | 1.2x |
Madeira, OH | 9,397 | 110 | 1.3x |
Wyoming, OH | 8,691 | 112 | 1.3x |
Kenwood, OH | 8,143 | 114 | 1.4x |
Landen, OH | 7,605 | 100 | 1.2x |
Dry Run, OH | 7,457 | 120 | 1.4x |