Hillsboro, MO vs Taos, MO

There is a significant gap in the cost of living between these two cities. Taos is 21.4% cheaper than Hillsboro. With a cost index of 64 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Taos to Hillsboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Hillsboro is $928/month compared to $425/month in Taos — a 118% difference. Interestingly, home values tell a different story: while Taos has cheaper rent, Hillsboro actually has lower median home values ($206,200 vs $256,000).

Median household income in Hillsboro is $65,278 compared to $103,594 in Taos (-37%). Taos offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hillsboro spend roughly 17.1% of their income on rent, more than the 4.9% in Taos.