Housing costs in Portsmouth?
A typical home costs
$649,900, which is 92.2% more expensive than the national average of
$338,100 and 54.3% more expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in Portsmouth costs
$1,880 per month, which is 23.7% more than the national average of
$1,520 and 28.7% cheaper than the state average of
$2,420.
Can I afford Portsmouth?
To live comfortably in Portsmouth (zip 03801), New Hampshire, a minimum annual income of
$124,560 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Portsmouth?
The cost of living in 03801 Portsmouth, NH is considered to be high relative to the national average. According to BestPlaces, the cost of living index for this zip code is 123.91, which is significantly higher than the United States average of 100. Consumer goods and services are more expensive here than in most other places in the country, with housing costs being particularly high. Rent prices are well above the national average and home prices can often exceed $500,000 dollars depending on location and amenities. Fortunately, tax rates in this area are relatively low compared to those found elsewhere in New England. All told, 03801 Portsmouth may not be an ideal place for budget conscious individuals, but its many attractions make it a desirable place to live for those who can afford it.