Housing costs in Hillsborough?
A typical home costs
$521,000, which is 54.1% more expensive than the national average of
$338,100 and 20.6% more expensive than the average New Jersey home, at
$432,100. Renting a two-bedroom unit in Hillsborough costs
$2,370 per month, which is 65.7% more than the national average of
$1,430 and 27.8% more than the state average of
$1,710.
Can I afford Hillsborough?
To live comfortably in Hillsborough (zip 08844), New Jersey, a minimum annual income of
$99,720 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Hillsborough?
The cost of living in 08844 Hillsborough, NJ is relatively high compared to other cities in the United States. According to data from BestPlaces.net, the cost of groceries in this area is 22% higher than the national average and the overall cost of living index is 112.7, which is 12.7% higher than the national average. Additionally, housing costs are particularly expensive with a median home value of $478,000 and median rent of $1,767 per month. Despite these high prices, however, people continue to move here due to its high quality of life and employment opportunities available in the area.