Cost of Living in Hillsboro, NM
Population: 220 | New Mexico
Hillsboro is 10% less expensive than the national average.
Cost of Living in Hillsboro, NM: What You Need to Know
With a cost of living index of 90, Hillsboro, NM is slightly more affordable than average. Living here is 10% cheaper than the national average and 4% above the New Mexico state average of 86. Hillsboro is a small community of 220 residents.
The median household income in Hillsboro is $16,038, which is 79% lower than the national median of $75,149. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $16,038
- vs US Median ($75,149)
- -79%
Housing
- Median Home Value
- $219,400
- Median Monthly Housing Cost
- $759/mo