Thinking about moving? Find Out New Hampshire Cost of Living

The eastern American border consists of some great options for cities and states. New Hampshire is one of those states, but with even more added features that make it stand out. New Hampshire’s cost of living is one of the main questions and inquiries people wonder about, therefore, this article aims to explore this particular topic.

Moving can be a difficult decision to make for many, it involves too many things you need to consider. Whether you are an individual or a family that has more stakeholders in the matter, the decision can be quite exhausting to make. From education, utilities, healthcare, security, entertainment, there is too much to consider overall.

For the above reason, this article will include a thorough study of different aspects of living in New Hampshire. It will cover how the costs of each of those necessary features of living will add up to your overall living expense.

Best Places

More commonly known as the Granite State, New Hampshire has its history rich with the American revolution as well as the early British and French settlements. When the revolution started, NH was the first colony in 1776 to develop its constitution and declare independence from Britain. It became the 9th U.S. state in 1788. Bordered by other states, Canada and the Atlantic ocean on each side, it is situated at a great place, all things considered.

Thinking about moving Find out New Hampshire cost of living


The towns and cities are all grouped and the old-England vibe is still around. The historic aura compliments the natural landscapes of forests and mountains to make the geography very attractive. Despite the overall benefits, each city has its specialties that make them preferable. This is why New Hampshire is considered a state that has a city/town for everybody. Here are some places in NH that will help you understand and choose what might be the best possible option for you to live in. Even though it might not be an exact assessment, it will help you understand the area and its respective features better:


Starting the list with the capital city of New Hampshire. Situated near the Merrimack River, the city is the 3rd largest in the state according to population. With just a 20-30 minute drive to Manchester, the city’s filled with all kinds of vibrant activities for you to do with restaurants, cafes, bars, and many shops.

The city is populated with close to 50k residents and still, the state has a higher rate of people moving there than moving out.  The Median housing expense here is around $223,000 in Concord.


This Amsterdam look-alike is going to take your breath away with its aesthetically pleasing architecture alongside the Piscataqua River. Portsmouth is the Port city of New Hampshire with incredible and scenic locations to buy a house at.

Popular for housing some of the best schools of the state, it is not overly populated with just 21k people living in the vicinity. The architecture here dates back to the 17th century, making it a solid ground for a large number of tourists during vacation months. Other Art centers, museums, and theatres also make up for its grand ambiance as a culturally rich city. The median housing price here ranged from $615k onwards, making it an expensive choice, but it’s worth it.


The largest city according to population, Manchester lays the closest to the Merrimack river along with Concord. With more than 100k residents, the city remains a lively bustle with more diverse people around than any other place in the state.


This is one part of NH that relies much more on its city dwellings while others that are more nature-focused. The nightlife and other events throughout the annual cycle prove it to be one of the most lively cities in Hampshire. Work-wise, this city is preferable as its unemployment rate is lower than the national average. Healthcare and tech are some of the leading sectors in Manchester.

Despite being a popular choice, the city is not exclusively expensive, with affordable housing and public schools that have great educational opportunities. The median property value of houses here comes around $255,000.


If you are a person that prefers peace, this countryside location is a perfect choice for you. With just a population close to 15k, the small community is known for its safe environment, with close to no crime rate. It is especially a great choice if you want to live with your family peacefully, with great public school options.

It connects with the Connecticut River and Vermont on one side. Not everyone dreams of the high or buzz of city life, roaring with excitement all the time. If you are that person, who prefers the close-knit community bonds and the slow rhythm of living close to nature, this is an ideal place for you.

Due to how exclusive the entire environment is, the property prices are higher here, compared to the rest of the state. The average median price of houses around here is $631,000.


 Another great location for nature lovers, Amherst is a great place for people who are looking for an all-in-all favorable location with beauty lurking around. Just as the town’s name, the town itself is whimsical in its little ways.

What makes it so whimsical is not just the small-town charm attached to all its activities but also the nature-related associations. The average median house price is $390k, making it a good average between the high and low-priced locations around the state.


Lying along both Merrimack and Nashua rivers, Nashua is a great employment hub for many. In many public surveys, the city has on top of public preference as the most favorable city in the state.


Apart from its amazing infrastructure architectural heritage, Nashua is considered one of the safest American cities, not just Hampshire’s. With a population of close to 86k people, the place is not densely populated but just enough to create that good city cheer.


The area closest to the Atlantic Ocean, Hampton is a small town area that gives major small-town charm. The town includes only about 10k+ residents, making the community very well established together. It is a well-known tourist destination due to its coastline. The town also drains within the Hampton and Drakes rivers.

Cost of Living

If the above section on cities and towns that can be suitable to you has been any help, this section will further help you identify the cost of living in New Hampshire. This is going to be an estimate and an average in most cases, not a definitive figure in any case. If you noticed, while some towns here are very affordable in terms of housing, some are exclusively expensive due to their land value.

Cultural atmosphereSource:

To start, the New Hampshire cost of living does come higher than the average on the national level. But many of the surrounding areas are even more expensive, and compared to them, Hampshire becomes a tad more affordable.

  • Utilities such as gas, water, cable, internet, and electricity all account for some of the main living expenses. New Hampshire is more expensive in this particular area with at least 20% high over the national average.
  • Groceries, also a necessity, are 7% more expensive than the national average. This probably bears saying that a lot of the businesses are locally owned, making most of the operations small businesses. They are more beneficial for consumers and owners.
  • Healthcare, another necessity that needs to be established before you make a moving decision. Not to wish it upon anyone, but lest you need to access it, healthcare in New Hampshire is considerably lower, around 12% to be precise.
  • Sales tax is not applicable in the state of New Hampshire. This makes the state entirely sales tax-free.
  • Transportation matters a lot in the overall living expenses, whether you are a student or a professional worker. The transportation costs in the state are also delightfully lower. With not just car insurance and gas as the components but also public transport charges. In numbers, the overall charges are 12% lower than the national average.

Cultural Atmosphere

Apart from the Granite State, New Hampshire is also known for its popular motto “Live free or die”. With the mixture of country-like rural as well as modern city areas, NH is the perfect fusion of modern adventures with traditional bits and bobs to aid it.


The state is filled with people who are individually independent on their own, friendly with each other, and extremely welcoming of outsiders. The culture is bravely inspired by the infrastructure-enabled activities in the area. People tend to be outgoing, exploring and experiencing both nature and other activities.

Apart from that, people are also very progressive and open-minded, leaving room for everybody. Most of the New England states however are white, but also constitute a good percentage of diverse ethnicities among the people.

Job Market

Moving from cost to earning, the job market in New Hampshire is pretty ripe. The employment rate of the state is so high, the economy of the state ranks at 13th place among all the states. That is not so bad for a considerably average size of the state. The unemployment rate is 2.6% making it a good chunk lower than that of the national average of all states.

Both manufacturing, healthcare, and technology are some of the largest industries in the region. Manufacturing has a history in the region, but tech has only recently seen good growth in the state. Computing and software development are some of the leading job categories in the tech industry. This translates well into the future of the state’s economy as well, with most businesses relying heavily on data. Data computing jobs and businesses revolving around it are going to further pick up. Healthcare, however, has a good part of the economy covered here with being the 2nd largest industry.


Apart from those main names, the beauty also brings a large number of tourists to the area. Tourism brings in passive money that helps the overall economy flourish. The number of tourists from just outside the country goes around 80k a year, that combined with the number of tourists from within the country makes a huge number. Capitalizing on this fact, New Hampshire now has tourism as one of the leading sectors in the economy.

The biggest employer in New Hampshire is the Dartmouth-Hitchcock Medical Center. The hospital is built on the Vermont-New Hampshire border, making a good percentage of the employees Vermont residents. The second place is taken by the University System of New Hampshire, which is a group of public schools and universities around the state. And the famous Dartmouth College is an Ivy League university coming close to it. Both the educational institutes account for a large portion of employment within the state.

 Real Estate Market

The already discussed factor of high housing expenses is further elaborated here. The average median price of a house in New Hampshire comes around $292k. Apart from house prices, the rent per month is also high. For a 2-bedroom apartment, the rent is $1,700 per month. Not to mention that these charges are further intensified with property charges which lie at $6253 on average.

Real estate market


It should be noted that your experience can be completely different, depending upon all the relative factors that determine a house’s worth. This is an average/median that is calculated accounting for both the maximum and minimum value. Regardless of the high prices, the quality of life in New Hampshire makes sure you do not feel like you are wasting a cent you spend living there.

Retirement Option

For people who are looking to find adventure and serenity in the same place, you will come to find New Hampshire as a very favorable place. Those who think way ahead in the future, need concrete long-term solutions that will sort out their future.

Priorities are different for different people, and not everyone thinks that long ahead about the future. For some people, how the location is favorable in the present matters more, meaning they are looking to move to a place that is established enough currently. Luckily, New Hampshire is a state that is doing well and is looking prosperous and further going onwards in the future, according to data.

The local government keeps investing in the public interest, the education portion is sorted, with not just an Ivy League school but also many public schools too. Healthcare too is quite advanced. Entertainment and recreational activities are not scarce either. The Hanover Fine Craft Gallery, Hampton Beach, Anheuser-Busch Brewery, and Skyventure, are all multiple reasons you would enjoy this place various times over. It has natural resources that make up great locations to find tranquility to entertainment spots that keep you amused and enjoying. Let’s list down all the pros that we have found so far to make up for the expensive cost of living:

  • Quality of life sounds vague but it is true nonetheless. You need a good quality of life and all the expenses you end up making at New Hampshire end up making up for the great quality of life.
  • The education system has some incredible names, many of which are accessible public schools making it in reach of everyone.
  • An economy that is not just doing well currently but is expected to grow further according to recent data, especially after the Covid-19, now that the entire country is in the recovery process.
  • The scenery and natural landscapes make for beautiful locations. Even if you do not move to the countryside in NH, you can still visit and enjoy the scenery when you live within the state.
  • A secure environment is the main concern of many people and rightly so. New Hampshire has some of the lowest crime rates in all of the country, especially lower than the national average. Violent crimes are even lower in the area.
  • For those concerned with the expenses part, one main benefit in terms of saving is that there is no sales tax, on anything.

This was the complete guide on New Hampshire’s cost of living, pros and cons, favorable locations, and all things related. If you are someone looking to move towards this side of the States, hope this helps you make an informed decision. This is not an exhaustive list, there are still more areas to explore, changes in data between the time this is published and when you get to it. Make sure you are thorough in your research and cross-check the statistics you consider important.

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