Average Cost of Living in New Hampshire: $51,760 per year If you’re considering relocating to this New England state, the cost of living could affect your monthly budget. According to MERIC data gathered in the third quarter of 2021, New Hampshire has the 38th lowest cost of living in the country.
Is New Hampshire expensive to live?
New Hampshire ranked 23rd most expensive and 40th best state to live in the United States. The average salary after taxes in New Hampshire is $3914, which is enough to cover living expenses for 2 months. Discover best cities to live in New Hampshire.
What is the average cost of rent in New Hampshire?
For a more detailed breakdown, here is a list of average rent prices in the five most popular New Hampshire cities, including Dover, Portsmouth, Amherst, Concord, and Manchester.
New Hampshire Housing Costs.
| City | Average 1-Bedroom Rent | Average 2-Bedroom Rent |
|---|---|---|
| Manchester, NH | $1,487 | $1,700 |
Is it cheaper to live in NH or me?
Maine’s are much lower.
If you want your housing to be less expensive because the property taxes are lower, Maine is the better choice. If you make major purchases often, sales tax could cost you quite a bit in Maine, so New Hampshire might be the better option.
Is rent high in New Hampshire?
“New Hampshire is actually up month-over-month about 1.2%, and year-over-year is up about 19%,” said John Leckie, of Rent.com.Rent.com said the Granite State is fifth in the country for highest rent increases, with the average rent being just short of $1,900.
What salary do you need to live in New Hampshire?
Average Cost of Living in New Hampshire: $51,760 per year
According to MERIC data gathered in the third quarter of 2021, New Hampshire has the 38th lowest cost of living in the country.
Is moving to New Hampshire a good idea?
New Hampshire is perfect for every lifestyle, from vibrant cities to mountain peaks, coastal views, and New England cities, the state has the right feel for everyone. If you enjoy skiing, rock climbing, camping, snowboarding, and other winter-related sports, moving to New Hampshire is right for you.
Where is the cheapest place in New Hampshire to live?
Whether you thrive best in small towns with an easygoing pace or a bustling urban city, New Hampshire has something for everyone.
- Conway. Home Price to Income Ratio: 3.84.
- Berlin. Home Price to Income Ratio: 2.35.
- Claremont.
- Rochester.
- Laconia.
- Somersworth.
- Concord.
- Manchester.
What state has the lowest cost of living?
Mississippi
Mississippi
Coming in as the cheapest state to live in in the United States is Mississippi with a cost of living index score of 83.3. It also has the lowest average housing costs in the nation at 33.7% below the national average.
Is it cheaper to live in NH or NY?
The cost of living in Nashua, NH is -38.4% lower than in New York, NY. You would have to earn a salary of $36,944 to maintain your current standard of living. Employers in Nashua, NH typically pay -9.9% less than employers in New York, NY.
What are the cons of living in New Hampshire?
Cons of Living in New Hampshire
- No public transit. If you move to New Hampshire, it’s best to do so in your own vehicle as the public transport system in this state leaves something to be desired.
- What nightlife?
- Drug addiction.
- Congested traffic.
- High property taxes.
What is the best town in NH to live in?
The Top 15 Best Towns to Live Throughout New Hampshire [2022]
- 15 Communities to Call Home. The Granite State is filled with great places to call home.
- Portsmouth. (pop.
- Londonderry. (pop.
- Amherst. (pop.
- Exeter. (pop.
- Wolfeboro. (pop.
- Hanover. (pop.
- Dover. (pop.
What is the cheapest New England state to live?
New England consists of six states in the Northeastern U.S.: Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.
Top affordable cities in New England.
| ? Best overall | Torrington, Connecticut |
|---|---|
| ? Best small town | Berlin, New Hampshire |
| ? Best for families | Naugatuck, Connecticut |
What are the perks of living in New Hampshire?
The Pros And Cons Of Living In New Hampshire
Low crime rates. Good economic and educational opportunities. No sales tax. No state income tax on salaries and wages.
Is it cheaper to live in NH or VT?
Good News! The cost of living in Manchester, NH is -10.9% lower than in Burlington, VT. You would have to earn a salary of $53,449 to maintain your current standard of living. Employers in Manchester, NH typically pay 4.2% more than employeers in Burlington, VT.
What state pays the most for rent?
These are the states with the highest one-bedroom rent estimates as of October 2022, according to Apartment List:
- Hawaii ($1,718)
- New York ($1,678)
- California ($1,658)
- New Jersey ($1,538)
- Virginia ($1,419)
- Florida ($1,418)
- Massachusetts ($1,409)
- Maryland ($1,407)
What jobs are in high demand in New Hampshire?
Detailed List Of The Fastest Growing Jobs In New Hampshire
| Rank | Job Title | Growth % |
|---|---|---|
| 1 | Nurse Practitioner | 136.4% |
| 2 | Home Health Aid | 134.7% |
| 3 | Physical Therapist | 131.7% |
| 4 | Web Developer | 128.6% |
What is the highest paying job in New Hampshire?
Detailed List Of Highest Paying Jobs In New Hampshire
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Clinical Physician Assistant | $163,231 |
| 2 | Family Practitioner | $160,742 |
| 3 | Certified Registered Nurse Anesthetist | $152,815 |
| 4 | Public Health Dentist | $145,538 |
What is the average electric bill in NH?
On average, electricity users in New Hampshire spend about $220 per month on electricity. That adds up to $2,640 per year. That’s 13% higher than the national average electric bill of $2,328.
Does NH have state tax?
Five states do not impose a state sales tax,2 while nine states do not impose a state income tax. 3 Only Alaska and New Hampshire have no state income tax or state sales tax.
Is there income tax in New Hampshire?
The State of New Hampshire does not have an income tax on an individual’s reported W-2 wages.