Melvin Village, NH Cost of Living


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United States / New Hampshire / No Metro Area / Carroll County / Melvin Village / Zip Codes

Melvin Village cost of living score
105.4
More expensive
5.4% higher
than the US average
0.4% lower
than the New Hampshire average
Melvin Village, New Hampshire gets a BestPlaces Cost of Living score of 105.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.4% higher than the U.S. average and 0.4% higher than the average for New Hampshire.

Melvin Village, NH

Housing costs in Melvin Village?
A typical home costs $376,300, which is 11.3% more expensive than the national average of $338,100 and 10.7% less expensive than the average New Hampshire home, at $421,300. Renting a two-bedroom unit in Melvin Village costs $1,440 per month, which is 0.7% more than the national average of $1,430 and 5.6% cheaper than the state average of $1,520.

Can I afford Melvin Village?
To live comfortably in Melvin Village, New Hampshire, a minimum annual income of $72,000 for a family, and $47,200 for a single person is recommended.

What does A.I. say about Melvin Village?
The cost of living in Melvin Village, NH is relatively inexpensive compared to other areas of New Hampshire. Although it is considered a more rural area, the median home value in Melvin Village is around $297,900, which is lower than the state average of $315,600. The cost of groceries and other goods are also low and affordable, making Melvin Village an attractive option for those looking to save money on their living expenses while still enjoying the natural beauty of New Hampshire. Furthermore, heating and energy costs in Melvin Village are competitively priced, so residents can enjoy the benefits of living in a quiet area without having to worry about too high of a monthly bill.
   Cost of living score
     CategoriesMelvin VillageNew HampshireUnited States
  105.4105.8100.0
  115.8107100
  84.682.9100.0
  192.2122.4100.0
  $376,300$421,300$338,100
  122.3%120.5%100.0%
  79.487.6100.0
  107.9109.5100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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