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Hillsboro, IN vs Spring Lake, IN

72
Hillsboro
Indiana
VS
-16.5%
86
Spring Lake
Indiana

There is a significant gap in the cost of living between these two cities. Hillsboro is 16.5% cheaper than Spring Lake. With a cost index of 72 vs 86, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hillsboro to Spring Lake should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Hillsboro are $93,100 compared to $155,500 in Spring Lake, a 40% gap.

Median household income in Hillsboro is $67,750 compared to $59,583 in Spring Lake (+13.7%). Hillsboro offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Hillsboro
72
16% cheaper
Spring Lake
86
Median Household Income
Hillsboro
$67,750
12% higher
Spring Lake
$59,583

Housing

Median Rent
Hillsboro
$1,038
Spring Lake
Median Home Value
Hillsboro
$93,100
40% cheaper
Spring Lake
$155,500
Population
Hillsboro
643
Spring Lake
215

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hillsboro
Spring Lake $2.91
US $3.07
🥚
Eggs (grade A, large)
Hillsboro
Spring Lake $2.37
US $2.50
🥛
Milk (whole)
Hillsboro
Spring Lake $3.82
US $4.03
🍞
Bread (white)
Hillsboro
Spring Lake $1.75
US $1.85
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Chicken breast
Hillsboro
Spring Lake $3.93
US $4.14
Electricity
Hillsboro
Spring Lake $0.16
US $0.19