Hillsboro cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHillsboroIowaNational
Cost of living index7688100
IndexHillsboroIowaNational
Goods & Services index9093100
Groceries index9595100
Health care index9496100
Housing index3873100
Transportation index9197100
Utilities index10299100

Did you know?

  • The cost of living in Hillsboro is 14% lower than the Iowa average.
  • The cost of living in Hillsboro is 24% lower than the national average.
  • The cost of housing in Hillsboro is 62% lower than the national average.
  • Iowa general sales tax is 18% higher than the national average.
  • Iowa state income tax is 84% lower than the national average.

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Compare Hillsboro, IA Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$39,375$3,281$919$1,181
Renters$19,250$1,604$449$578

Iowa Sales Tax

StateGeneral Sales TaxWith Max Surtax
Iowa6%7%

Iowa Income Tax

StateIncome Tax (Low)Income Tax (High)
Iowa0.36%8.98%

Goods & Services

ItemHillsboroNational avg.Difference
Haircut $10.00$14.5931.5%
Beauty Salon $26.00$34.6825.0%
Toothpaste $1.96$2.4720.8%
Shampoo $0.88$1.0213.9%
Movie $8.25$9.8716.4%
Bowling $4.00$4.398.9%

Groceries

ItemHillsboroNational avg.Difference
Ground Beef $4.73$4.485.7%
Fried Chicken $1.44$1.461.6%
Milk $2.32$2.361.6%
Potatoes $2.01$3.0634.3%
Pizza $9.00$9.242.6%
Beer $7.78$8.639.9%

Health Care

ItemHillsboroNational avg.Difference
Optometrist $78.00$99.7821.8%
Doctor $121.00$105.0315.2%
Dentist $69.00$88.7022.2%
Ibuprofen $9.32$9.411.0%
Lipitor $286.58$298.504.0%

Housing

ItemHillsboroNational avg.Difference
Home Price $42,300.00$175,700.0075.9%
Avg. Mortgage Payment $891.84$1,081.0317.5%
Apartment Rent $635.00$920.0031.0%

Transportation

ItemHillsboroNational avg.Difference
Gasoline $1.96$2.096.3%
Tire Balancing $37.47$45.2917.3%

Utilities

ItemHillsboroNational avg.Difference
All Electricity$185.34$170.808.5%
Phone $26.03$28.267.9%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Franklin, IA10373-27%
Stockport, IA28775-25%
Farmington, IA82276-24%
Birmingham, IA47176-24%
Bonaparte, IA40076-24%
Hillsboro, IA22276-24%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Wortham, MO222100-0%
Gracemont, OK22276-24%
New Minden, IL22288-12%
Waterloo, SC22280-20%
West Point, IL22272-28%
Hillsboro, IA22276-24%
Source: The Hillsboro, IA cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.