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Cost of Living in Hillcrest

Is it better to rent or buy in Hillcrest? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$85,996
$1,116/mo

Median in area: $1,116

$189,521

Median in area: $189,521

$37,904

If you Rent

🔑
$1,323 /mo
Base Rent$1,116
Est. Utilities$207
% of Income18.5%
Pre-tax Residual$5,843

If you Buy

🏠
$1,632 /mo
P&I (6.994%)$1,008
Taxes & Ins$417
Est. Utilities$207
% of Income22.8%
Pre-tax Residual$5,534

Cost of Living FAQs

Is it cheaper to rent or buy in Hillcrest?›

Based on median housing data, renting is currently more affordable on a monthly basis in Hillcrest. The estimated all-in monthly cost for renting is $1,323, while owning a median-priced home with a 20% down payment is roughly $1,632 per month (a difference of $309).

How much do utilities cost in Hillcrest?›

The average monthly utility cost (electricity and natural gas) for a typical home in Hillcrest is approximately $207. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Hillcrest?›

To comfortably afford the median rent and utilities in Hillcrest without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $52,920 per year.