Housing costs in Manchester?
A typical home costs
$375,900, which is 11.2% more expensive than the national average of
$338,100 and 10.8% less expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Manchester costs
$1,690 per month, which is 11.2% more than the national average of
$1,520 and 4.7% more than the state average of
$1,610.
Can I afford Manchester?
To live comfortably in Manchester (zip 03109), New Hampshire, a minimum annual income of
$72,000 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Manchester?
The cost of living in Manchester, NH (03109) is relatively affordable compared to other cities in the region. The median home value for the city is around $175,000, well below what one would expect to pay in a major city like Boston or New York. Additionally, the local rental market is quite reasonable with the average rent being around $1,200 per month. Groceries and other basic necessities are also fairly inexpensive when compared to nearby cities. Overall, 03109 Manchester provides an affordable living option without sacrificing quality of life.