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 Oregon, 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 121, with 100 being the average.
The cost of living index in Hillsboro is 1.2x higher than the national average.
Hillsboro ranks as the #72 cheapest in Oregon out of 98.
Hillsboro ranks as the #4,857 cheapest out of 6,412 in the US.
The median home value in Hillsboro is $386,700.
The median income in Hillsboro is $91,540.
According to the most recent data on the cost of living, Hillsboro has an overall cost of living index of 121, which is 1.2x higher than the national index of 100.
Compared to Oregon, Hillsboro has a cost of living index that's 1.0x higher than Oregon's index of 116.
The standard of living in Hillsboro ranks as #72 most affordable out of the 98 places we measured in Oregon. By definition, that implies Hillsboro ranks as the #26 most expensive place in the Beaver 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 119.
The Groceries index in Hillsboro is 112.
The Health index in Hillsboro is 117.
The Housing index in Hillsboro is 136.
The Transportation index in Hillsboro is 130.
The Utilities index in Hillsboro is 91.
Living Expense | Hillsboro | Oregon | National Average | |
---|---|---|---|---|
Overall | 121 | 116 | 100 | |
Services | 119 | 106 | 100 | |
Groceries | 112 | 107 | 100 | |
Health | 117 | 103 | 100 | |
Housing | 136 | 140 | 100 | |
Transportation | 130 | 117 | 100 | |
Utilities | 91 | 97 | 100 |
Housing swings affordability the most between places in Oregon, 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 $386,700.
The Median Rent in Hillsboro is $1,664.
The Median Income in Hillsboro is $91,540.
The Home Value To Income in Hillsboro is 4.2x.
The Rent To Monthly Income in Hillsboro is 0.22x.
Statistic | Hillsboro | Oregon | United States |
---|---|---|---|
Median Home Value | $386,700 | $362,200 | $244,900 |
Median Rent | $1,664 | $1,250 | $1,163 |
Median Income | $91,540 | $70,084 | $69,021 |
Home Value To Income | 4.2x | 5.2x | 3.5x |
Rent To Monthly Income | 0.22x | 0.21x | 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:
Vancouver, WA has a cost of living index of 116, 1.0x Hillsboro.
Beaverton, OR has a cost of living index of 127, 1.0x Hillsboro.
Aloha, OR has a cost of living index of 120, 1.0x Hillsboro.
City | Population | Cost Of Living | Vs. Hillsboro |
---|---|---|---|
Vancouver, WA | 188,331 | 116 | 1.0x |
Beaverton, OR | 97,466 | 127 | 1.0x |
Aloha, OR | 52,704 | 120 | 1.0x |
Lake Oswego, OR | 40,390 | 153 | 1.3x |
Bethany, OR | 29,277 | 145 | 1.2x |
West Linn, OR | 27,173 | 140 | 1.2x |
Hazel Dell, WA | 21,650 | 116 | 1.0x |
Sherwood, OR | 20,281 | 130 | 1.1x |
Cedar Mill, OR | 18,987 | 148 | 1.2x |
Oatfield, OR | 12,993 | 127 | 1.0x |