Hillsboro, Indiana Cost Of Living

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20%

Overall NAT. AVG.

7%

Goods & Services NAT. AVG.

50%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hillsboro	Indiana	National
Cost of living	80	89	100
Goods & Services	93	96	100
Groceries	91	94	100
Health care	103	96	100
Housing	50	72	100
Transportation	84	99	100
Utilities	100	99	100

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Key findings

The cost of living in Hillsboro is 10% lower than the Indiana average
The cost of living in Hillsboro is 20% lower than the national average
Hillsboro housing is 50% lower than the national average
Indiana general sales tax is 37% higher than the national average
Indiana state income tax is 31% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$47,250	$3,938	$1,102	$1,418
Renters	$25,536	$2,128	$596	$766

Indiana Sales Tax

State	General Sales Tax	With Max Surtax
Indiana	7%	7%

Indiana Income Tax

State	Income Tax (Low)	Income Tax (High)
Indiana	3.23%	3.23%

Goods & Services

Item	Hillsboro	National avg.	Difference
Haircut	$13.17	$20.27	35.1%
Beauty Salon	$30.00	$40.39	25.7%
Toothpaste	$1.79	$2.36	24.0%
Shampoo	$0.95	$1.08	11.4%
Movie	$11.00	$10.99	0.1%
Bowling	$10.49	$15.49	32.3%

Groceries

Item	Hillsboro	National avg.	Difference
Ground Beef	$4.11	$4.30	4.4%
Fried Chicken	$1.06	$1.40	24.0%
Milk	$1.76	$2.20	20.3%
Potatoes	$4.39	$3.22	36.5%
Pizza	$11.66	$10.74	8.5%
Beer	$11.32	$9.60	17.9%

Health Care

Item	Hillsboro	National avg.	Difference
Optometrist	$108.33	$109.73	1.3%
Doctor	$100.56	$118.34	15.0%
Dentist	$122.83	$100.94	21.7%
Ibuprofen	$9.63	$9.93	3.0%
Lipitor	$463.33	$469.53	1.3%

Housing

Item	Hillsboro	National avg.	Difference
Home Price	$70,600.00	$184,700.00	61.8%
Avg. Mortgage Payment	$838.21	$1,229.62	31.8%
Apartment Rent	$750.00	$949.00	21.0%

Transportation

Item	Hillsboro	National avg.	Difference
Gasoline	$2.32	$2.71	14.4%
Tire Balancing	$42.00	$51.86	19.0%

Utilities

Item	Hillsboro	National avg.	Difference
All Electricity	$175.01	$170.84	2.4%
Phone	$181.35	$187.18	3.1%

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	Population	Cost of Living Index	National Avg.
Alamo, IN	57	74	25.7%
Wallace, IN	118	76	24.0%
Mellott, IN	213	80	19.7%
Veedersburg, IN	2,244	79	21.0%
Newtown, IN	239	83	17.4%
Hillsboro, IN	641	80	19.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Thornton, AR	641	81	19.4%
Low Mountain, AZ	641	88	11.6%
St. George Island, FL	641	126	26.1%
Portal, GA	641	79	21.1%
Chevy Chase Section Five, MD	641	244	143.8%
Hillsboro, IN	641	80	19.7%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.