Housing costs in Amherst?
A typical home costs
$567,500, which is 67.8% more expensive than the national average of
$338,100 and 34.7% more expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Amherst costs
$1,880 per month, which is 31.5% more than the national average of
$1,430 and 19.1% more than the state average of
$1,520.
Can I afford Amherst?
To live comfortably in Amherst (zip 03031), New Hampshire, a minimum annual income of
$108,720 for a family, and
$57,200 for a single person is recommended.
What does A.I. say about Amherst?
The cost of living in 03031 Amherst, NH is generally quite low. According to the US Cost of Living Index, this area has a cost of living index of 97.6, which is 3.4 points lower than the national average. This means that housing, groceries, healthcare and other daily expenses are generally more affordable in this area than in other parts of the country. Additionally, the median household income in 03031 Amherst, NH is $86,329 - 9.7% higher than the national average - which helps contribute to a higher quality of life overall for those who live here.