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Cost of Living in Hilltop Lakes

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

Rent vs. Buy Affordability Calculator

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

$61,406
$923/mo

Median in area: $923

$236,000

Median in area: $236,000

$47,200

If you Rent

$1,101 /mo
Base Rent$923
Est. Utilities$178
% of Income21.5%
Pre-tax Residual$4,016

If you Buy

$1,679 /mo
P&I (6.938%)$1,248
Taxes & Ins$253
Est. Utilities$178
% of Income32.8%
Pre-tax Residual$3,438

Cost of Living FAQs

Is it cheaper to rent or buy in Hilltop Lakes?

Based on median housing data, renting is currently more affordable on a monthly basis in Hilltop Lakes. The estimated all-in monthly cost for renting is $1,101, while owning a median-priced home with a 20% down payment is roughly $1,679 per month (a difference of $578).

How much do utilities cost in Hilltop Lakes?

The average monthly utility cost (electricity and natural gas) for a typical home in Hilltop Lakes is approximately $178. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Hilltop Lakes?

To comfortably afford the median rent and utilities in Hilltop Lakes without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $44,040 per year.