Cost of Living: Hillsboro, OR vs Artesia, NM
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Hillsboro | Artesia |
|---|---|---|
| Housing Index | 120.5 | 90.0 |
| Median Home Price | $487,000 | $236,000 |
| Average Rent (2 BR Apartment) | $1800 | $1200 |
| Average Rent (2 BR House) | $1840 | $1280 |
Housing Comparison: Hillsboro vs Artesia
- In Hillsboro, the median home price is higher at $487,000, while in Artesia it is $236,000.
- Renting a two-bedroom apartment costs more in Hillsboro at $1,800 than in Artesia at $1,200.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Hillsboro | Artesia |
|---|---|---|
| Electricity Price | $15.12 | $14.44 |
| Natural Gas Price | $16.5 | $Data is updating |
| Other Utilities | $250 | $250 |
Utilities Comparison: Hillsboro vs Artesia
- Electricity costs are higher in Hillsboro at $15.12 per kWh, compared to $14.44 in Artesia.
- Natural gas price data is currently unavailable.
- Utility expenses are equal in both Hillsboro and Artesia averaging $250.