Housing costs in Portsmouth?
A typical home costs
$644,300, which is 90.6% more expensive than the national average of
$338,100 and 52.9% more expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Portsmouth costs
$1,830 per month, which is 28.0% more than the national average of
$1,430 and 16.9% more than the state average of
$1,520.
Can I afford Portsmouth?
To live comfortably in Portsmouth, New Hampshire, a minimum annual income of
$123,480 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Portsmouth?
Portsmouth, NH is an attractive city with a unique small-town feel. Despite its quaint atmosphere, the cost of living in Portsmouth is relatively high. According to BestPlaces's Cost of Living Index, which takes into account prices for groceries, housing, transportation and more, Portsmouth ranks as 13.2 percent higher than the national average. Groceries are 6.1 percent higher than the national average while restaurant prices are 21.8 percent higher. Housing costs are particularly steep - renting a one-bedroom apartment in Portsmouth will likely cost around 18.3 percent more than other cities nationwide.