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Hillsboro, IL vs Knollwood, IL

67
Hillsboro
Illinois
VS
-43.7%
119
Knollwood
Illinois

The cost of living difference between Hillsboro, IL and Knollwood, IL is dramatic. Hillsboro is 43.7% cheaper than Knollwood, a gap that translates to thousands of dollars per year in household expenses. Hillsboro has a cost index of 67 while Knollwood sits at 119, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hillsboro is $841/month compared to $1,733/month in Knollwood — a 52% difference. Home values follow the same pattern: Hillsboro is more affordable at $95,800 median vs $372,500.

Median household income in Hillsboro is $48,158 compared to $133,452 in Knollwood (-63.9%). While Knollwood is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hillsboro spend roughly 21% of their income on rent, more than the 15.6% in Knollwood.

Climate-wise, Hillsboro is notably warmer with an average of 54°F compared to 48.3°F in Knollwood. Hillsboro receives more rainfall at 38" per year compared to 35.3" in Knollwood.

Income & Cost

Cost of Living Index
Hillsboro
67
44% cheaper
Knollwood
119
Median Household Income
Hillsboro
$48,158
Knollwood
$133,452
64% higher

Housing

Median Rent
Hillsboro
$841
51% cheaper
Knollwood
$1,733
Median Home Value
Hillsboro
$95,800
74% cheaper
Knollwood
$372,500
Population
Hillsboro
5,693
Knollwood
1,907

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillsboro
Knollwood $3.20
US $3.07
🥚
Eggs (grade A, large)
Hillsboro
Knollwood $2.61
US $2.50
🥛
Milk (whole)
Hillsboro
Knollwood $4.20
US $4.03
🍞
Bread (white)
Hillsboro
Knollwood $1.93
US $1.85
🍗
Chicken breast
Hillsboro
Knollwood $4.32
US $4.14
Electricity
Hillsboro
Knollwood $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hillsboro 54°F
Knollwood 48.3°F
Summer High
Hillsboro 87°F
Knollwood 81°F
Winter Low
Hillsboro 20°F
Knollwood 16°F
Rainfall
Hillsboro 38"
Knollwood 35.3"
Rainy Days
Hillsboro 115d
Knollwood 129d