Manchester, NH 03103 is a great place to live for those who are looking for an affordable cost of living. The 2 Bedroom Rent in Manchester is $1,600 which is slightly higher than the US average of $1,430. Additionally, the Grocery Cost Index in Manchester is 105 compared to 100 in the US, suggesting that shopping and grocery costs may be around 5% more expensive than other areas. Manchester also has many local businesses that make it enjoyable to live there. From restaurants like The Foundry Kitchen & Tavern and Cotton to entertainment venues like SNHU Arena and Palace Theatre, there are plenty of options available for residents. It’s clear why so many people choose Manchester as their home due to a reasonable cost of living and easy access to unique local businesses.
Manchester (zip 03103) has an unemployment rate of 3.8%. The US average is 6.0%.
Manchester (zip 03103) has seen the job market increase by 1.5% over the last year. Future job growth over the next ten years is predicted to be 33.2%, which is lower than the US average of 33.5%.
Tax Rates for Manchester (zip 03103)
- The Sales Tax Rate for Manchester (zip 03103) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Manchester (zip 03103) is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Manchester (zip 03103)
- The average income of a Manchester (zip 03103) resident is $22,896 a year. The US average is $28,555 a year.
- The Median household income of a Manchester (zip 03103) resident is $61,743 a year. The US average is $69,021 a year.