Cost of Living in Hillsboro, MO
Population 3,483 · Missouri · Data vintage 2023
(100 = US avg)
Housing costs in Hillsboro stay well under national norms: a median home value of $206,000 against median household incomes of $65,278 gives the city one of the more comfortable price-to-income ratios in Missouri.
Geographically, Hillsboro is about 35 miles southwest of St. Louis, the nearest large metro. Median home values run roughly 11% higher than St. Louis' $185,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hillsboro
The median home value in Hillsboro is $206,200 — 32% below the national median of $305,000. Median rent runs $928/month, 29% lower than the national median of $1,314/month. The median household income of $65,278/year is 12% lower than the US median of $74,580. The local unemployment rate is 5.6%, above the national average of 4.8%. Missouri's top state income tax rate is 5.0% and the combined sales tax is 8.4%. Overall, Hillsboro has a cost of living index of 69 versus the US average of 100, meaning it is 31% less expensive.
Hillsboro has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Hillsboro, MO?
Hillsboro has a cost index of 69 (100 = national average). It is 31% below the national average.
What is average rent in Hillsboro, MO?
The median gross rent in Hillsboro is $928 per month based on 2023 Census data.
What is the average home price in Hillsboro?
The median home value in Hillsboro is $206,200 according to Zillow and Census data.
What is the median income in Hillsboro?
The median household income in Hillsboro is $65,278 per year (2023 ACS 5-year estimates).
What is the sales tax in Hillsboro, MO?
The combined state and local sales tax rate in Hillsboro is 8.4%. The Missouri state income tax top rate is 5.0%.
Is Hillsboro, MO affordable?
Yes, Hillsboro is generally considered affordable, with a cost of living index of 69 — about 31% below the US national average of 100.
Hillsboro at a Glance
- Population
- 3,483
- Median Income
- $65,278
- Home Value
- $206,200
- Median Rent
- $928/mo
- Unemployment
- 5.6%
- Sales Tax
- 8.4%
Nearby Cities
Explore county-level cost of living data
Missouri Rankings
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