November 16, 2024

The average cost of living in New Hampshire 

New Hampshire is home to over 1.3 million people. 

According to 2021 data from the Bureau of Economic Analysis, the average total personal consumption cost in New Hampshire comes to $56,727 per year. 



While according to data gathered in 2022 from MERIC, the Missouri Economic Research and Information Center, the state ranks 42nd in a list of states with the lowest to the highest cost of living. 

Housing costs in New Hampshire 

As of March 2023, the average home value in New Hampshire is estimated to be around $429,421, according to the Zillow Home Value Index as of March 2023.  

It’s important to note that housing prices can significantly differ across various regions within the state. Here are some examples of typical home prices based on Zillow's data:

CityAverage Home Value
Manchester$378,475
Nashua$428,467
Concord$369,134
Derry$434,353
Dover$449,982

The monthly rental price ranges across the state for those considering renting in New Hampshire. For example, a one-bedroom apartment in

When considering a move to a new state, understanding the cost of living is vital for effective budgeting and financial planning. If New Hampshire is at the top of your list, here are some current statistics related to the cost of living in the state that could help you make up your mind.    


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