Cost of Living in Hillsboro, VA
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
205.4
100 = national avg
+105.4 vs national average
Living Wage (1 Adult)
$90,389
per year
Living Wage (Family of 4)
$213,646
per year
Cost Index by Category
Housing320.2
Food126.9
Transportation153.8
Healthcare121.5
Utilities160.2
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$2,015
per month
2 Bedroom
$2,246
per month
The overall cost of living index in Hillsboro is 205.4, which is 105.4% above the national average. Housing costs are above the national average at an index of 320.2. A single adult needs to earn approximately $90,389 per year to cover basic expenses.