Cost of Living in Hillsboro, IL

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

79.9

100 = national avg

-20.1 vs national average

Living Wage (1 Adult)

$35,154

per year

Living Wage (Family of 4)

$83,092

per year

Cost Index by Category

Housing
77.4
Food
86.8
Transportation
73.6
Healthcare
89.4
Utilities
87.6

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$714

per month

2 Bedroom

$937

per month

The overall cost of living index in Hillsboro is 79.9, which is 20.1% below the national average. Housing costs are below the national average at an index of 77.4. A single adult needs to earn approximately $35,154 per year to cover basic expenses.