Cost of Living in Hillsboro, MD
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
103.9
100 = national avg
+3.9 vs national average
Living Wage (1 Adult)
$45,695
per year
Living Wage (Family of 4)
$108,006
per year
Cost Index by Category
Housing110.4
Food100.0
Transportation100.0
Healthcare100.0
Utilities102.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,001
per month
2 Bedroom
$1,314
per month
The overall cost of living index in Hillsboro is 103.9, which is 3.9% above the national average. Housing costs are above the national average at an index of 110.4. A single adult needs to earn approximately $45,695 per year to cover basic expenses.