Zip 03841 (Hampstead, NH) Cost of Living


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How much do I need to live in Hampstead, New Hampshire?
$8,520 / month
for a family, 57.8% more expensive than the national average A total of $102,240 for the year for a family.
$3,800 / month
for a single person, 20.3% less expensive than the national average A total of $45,600 for the year for a single person.

Hampstead cost of living score
118.9
More expensive
18.9% higher
than the US average
12.4% higher
than the New Hampshire average
Hampstead (zip 03841), New Hampshire gets a BestPlaces Cost of Living score of 118.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 18.9% higher than the U.S. average and 12.4% lower than the average for New Hampshire.

Zip 03841 (Hampstead, NH)

Housing costs in Hampstead?
A typical home costs $533,800, which is 57.9% more expensive than the national average of $338,100 and 26.7% more expensive than the average New Hampshire home, at $421,300. Renting a two-bedroom unit in Hampstead costs $1,460 per month, which is 2.1% more than the national average of $1,430 and 4.1% cheaper than the state average of $1,520.

Can I afford Hampstead?
To live comfortably in Hampstead (zip 03841), New Hampshire, a minimum annual income of $102,240 for a family, and $45,600 for a single person is recommended.

What does A.I. say about Hampstead?
The cost of living in 03841 Hampstead, NH is relatively high compared to the rest of the United States. According to BestPlaces, the cost of living index in Hampstead is 131.6, which is 31.6% higher than the U.S. average of 100. This means that groceries and other daily expenses are more expensive in Hampstead than in other areas of the country. The median home price in the area is over $400,000, making it much more expensive than many other parts of the country. Additionally, rental prices in Hampstead tend to be higher than average and utilities are roughly 8% more expensive than elsewhere in the US. In summary, Hampstead has a higher-than-average cost of living due to its housing costs and other expenses associated with day-to-day life.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHampsteadNew HampshireUnited States
    Unlock105.8100.0
  107.5  Unlock100.0
    Unlock82.9100.0
  164.2  Unlock100.0
    Unlock$421,300$338,100
  121.6  Unlock100.0
    Unlock87.6100.0
  136.9  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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