Cost of Living in Hillsborough, NJ
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
201.6
100 = national avg
+101.6 vs national average
Living Wage (1 Adult)
$88,716
per year
Living Wage (Family of 4)
$209,693
per year
Cost Index by Category
Housing233.4
Food158.7
Transportation217.5
Healthcare147.0
Utilities161.9
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,978
per month
2 Bedroom
$2,486
per month
The overall cost of living index in Hillsborough is 201.6, which is 101.6% above the national average. Housing costs are above the national average at an index of 233.4. A single adult needs to earn approximately $88,716 per year to cover basic expenses.