Housing costs in New Hampshire?
A typical home costs
$421,300, which is 24.6% more expensive than the national average of
$338,100 and 0.0% less expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in New Hampshire costs
$1,520 per month, which is 6.3% cheaper than the national average of
$1,430 and close to the state average of
$1,520.
Can I afford New Hampshire?
To live comfortably in New Hampshire, a minimum annual income of
$80,640 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about New Hampshire?
The cost of living in New Hampshire State is significantly lower than other states in the U.S., making it an attractive place to live. According to a 2020 survey, the overall cost of living index in New Hampshire was 97.6, which is 2.4% lower than the national average of 100. This means that general expenses such as housing, food, and transportation are usually cheaper in New Hampshire than they would be elsewhere. Additionally, New Hampshire has no sales tax or income tax on wages, which further contributes to its low cost of living. With all these advantages in mind, it's easy to see why many people are drawn to New Hampshire as a great place to call home.