Housing costs in Gorham?
A typical home costs
$211,800, which is 37.4% less expensive than the national average of
$338,100 and 49.7% less expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Gorham costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and 63.4% cheaper than the state average of
$1,520.
Can I afford Gorham?
To live comfortably in Gorham (zip 03581), New Hampshire, a minimum annual income of
$40,680 for a family, and
$30,400 for a single person is recommended.
What does A.I. say about Gorham?
The cost of living in 03581 Gorham, NH is quite reasonable. The average cost of a one-bedroom apartment is around $650 per month and the median home value is about $142,200. Groceries tend to be fairly inexpensive and the local tax rate is low, which makes it an attractive area for those looking to save money on living expenses. Additionally, utilities costs are generally affordable due to the fact that most homes are heated by natural gas or propane instead of electricity. Overall, Gorham offers a great balance of affordability and quality of life for its residents.