Cost of Living in Hillsboro, NM
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
70.0
100 = national avg
-30.0 vs national average
Living Wage (1 Adult)
$30,781
per year
Living Wage (Family of 4)
$72,756
per year
Cost Index by Category
Housing109.6
Food62.3
Transportation24.5
Healthcare69.8
Utilities79.3
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$765
per month
2 Bedroom
$1,004
per month
The overall cost of living index in Hillsboro is 70.0, which is 30.0% below the national average. Housing costs are above the national average at an index of 109.6. A single adult needs to earn approximately $30,781 per year to cover basic expenses.