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Cost of Living in Hillsboro, NM

Population: 220 | New Mexico

90
Cost of Living Index
US Average = 100

Hillsboro is 10% less expensive than the national average.

100
Housing
72
Home Values
92
Regional Price

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

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