Housing costs in Andover?
A typical home costs
$359,400, which is 6.3% more expensive than the national average of
$338,100 and 14.7% less expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Andover costs
$1,390 per month, which is 2.8% cheaper than the national average of
$1,430 and 9.4% cheaper than the state average of
$1,520.
Can I afford Andover?
To live comfortably in Andover, New Hampshire, a minimum annual income of
$68,760 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Andover?
Andover, NH is a relatively affordable place to live. Prices are generally lower than the national average, and the cost of living index is about 12% lower than the US average. Housing costs are particularly inexpensive in Andover with an average home costing around $205,000, compared to the national average of $262,500. Renters can also expect to pay less for housing in Andover compared to the rest of the nation; the median rent is about $1,098 while it's typically around $1,400 nationwide. Transportation costs are also lower in Andover since there are no major highways running through town and public transportation options are limited. All of these factors together make Andover an attractive option for those looking for a more affordable place to live.