An amount below 100 means New Hampshire is cheaper than the US average. A cost of living index above 100 means New Hampshire, New Hampshire is more expensive.
New Hampshire cost of living is 105.4.
| COST OF LIVING | New Hampshire | United States |
|---|---|---|
| Housing | 118.6 | 100 |
| Median Home Cost | $357,000 | $291,700 |
| Utilities | 120.5 | 100 |
Contents
Is New Hampshire expensive to live?
New Hampshire has a cost of living that ranks slightly higher than the national average. However, compared to larger metro areas like Boston or New York, New Hampshire is relatively affordable.Another big draw for people who relocate to New Hampshire is the state’s lack of an income tax or sales tax.
How much do you need to make to live in New Hampshire?
According to GoBankingRates.com, in an article titled “The Salary You Need to Afford Rent in Every State,” a resident of New Hampshire would need to make approximately $69,920 per year in order to afford a single-family residence without having your monthly rent consume more than 30 percent of total income.
Is rent expensive in New Hampshire?
No matter where you live in New Hampshire, rents are rising. Statewide, the median rent for a two-bedroom apartment is just shy of $1,500. That figure jumped by about 6% last year and about 24% in the last five years, according to New Hampshire Housing. But some parts of the state have seen even sharper increases.
Is New Hampshire a good state to live?
New Hampshire is one of the safest states to live in the country. The crime rate here is well below the national average and even the larger cities have a reassuringly low statistics, especially when it comes to violent crime.
What is the cheapest cost of living state?
States with the Lowest Cost of Living
- Mississippi. Mississippi has the lowest cost out of living of all 50 states.
- Oklahoma. Oklahoma has the second-lowest cost of living in the United States.
- Arkansas. The state with the third-lowest cost of living in Arkansas.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What should you know before moving to New Hampshire?
Moving to New Hampshire soon? Here are a few things you should know if you don’t already!
- “Wicked” Isn’t a Bad Thing.
- New Hampshire is not a right-to-work state.
- New Hampshire is a swing state.
- No income tax, sales tax = higher property tax.
- Things that are not illegal in New Hampshire:
How cold are the winters in New Hampshire?
Climate and Average Weather Year Round in New Castle New Hampshire, United States. In New Castle, the summers are warm; the winters are freezing, snowy, and windy; and it is partly cloudy year round. Over the course of the year, the temperature typically varies from 20°F to 80°F and is rarely below 6°F or above 88°F.
What is the most expensive state to live in?
Hawaii
There may be no more breathtaking a place than the Aloha State, but prices in Hawaii, America’s most expensive state, will take your breath away, too.
Is NH a poor state?
All data is from the United States Census Bureau.
States, federal district, and territories.
| Rank | 1 |
|---|---|
| State | New Hampshire |
| 2019 Poverty rate (percent of persons in poverty) | 7.3% |
| 2014 Poverty Rates (includes unrelated children) | 9.5% |
| Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted) | 8.3% |
What is a good salary in NH?
Average Salary in New Hampshire
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $95,167 | $7,930 |
| 75th Percentile | $78,248 | $6,520 |
| Average | $65,421 | $5,451 |
| 25th Percentile | $52,342 | $4,361 |
What is minimum wage in NH?
Unless otherwise provided by statute, no person, firm or corporation shall employ any employee at an hourly rate lower than that set forth in the federal minimum wage law, which is $7.25.
Is NH tax friendly?
New Hampshire has no tax on personal income from salaries and wages. This means that retirement income – whether from Social Security, a pension or a retirement account – is not taxed at the state level. That can create significant savings for retirees as compared with other states.
How much snow does New Hampshire get?
Climate Averages
| New Hampshire, New Hampshire | United States | |
|---|---|---|
| Snowfall | 68.3 in. | 27.8 in. |
| Precipitation | 133.0 days | 106.2 days |
| Sunny | 198 days | 205 days |
| Avg. July High | 80.1° | 85.8° |
Does it snow in New Hampshire?
3. New Hampshire. New Hampshire, Vermont’s neighbor, receives an average of 71.44 inches of snowfall every year. Mount Washington, the highest peak in New Hampshire, receives 23 feet of snow each year, making it the snowiest place in the country.
What is the best state to live in?
10 best states to live in, based on cost, safety and quality of life
- New Jersey. Total score: 63.01.
- Massachusetts. Total score: 62.60.
- New York. Total score: 61.63.
- Idaho. Total score: 61.16.
- Minnesota. Total score: 60.97.
- Wisconsin. Total score: 60.94.
- Utah. Total score: 59.84.
- New Hampshire. Total score: 59.59.
What is the cheapest state to live in 2021?
Cheapest States To Live in 2021
- Mississippi. Cost of Living Index: 84.8 Grocery Cost Index: 93.1.
- Oklahoma. Cost of Living Index: 86.8 Grocery Cost Index: 94.1.
- Arkansas. Cost of Living Index: 87.8 Grocery Cost Index: 90.7.
- Kansas.
- Missouri.
- Georgia.
- Alabama.
- New Mexico.
What is the most expensive state to live in 2021?
Hawaii
Hawaii is the most expensive state to live in in the United States. Hawaii has a cost index of 196.3. The average home price in Hawaii is $1,158,492. The utility index is the highest in the country at 189.5, and the average monthly energy bill is $388.65.
What is the best state to live in financially?
Full Ranking of All 50 States
| Rank | State | Median Income |
|---|---|---|
| 1 | Wyoming | $40,240 |
| 2 | Washington | $46,100 |
| 3 | Texas | $37,100 |
| 4 | Minnesota | $42,630 |
How bad are winters in New Hampshire?
When we took the average annual temperature of the ten most populous cities in each state and weighed them against each other, we found that the average annual temperature in New Hampshire is WARMER THAN—or within FIVE degrees of—a whopping 24 states! Yup, almost half!Yes, NH winters can be cold, and it does snow.
What are winters like in New Hampshire?
Since 1895, New Hampshire’s average winter temperatures (December through March) have warmed by more than 4 degrees Fahrenheit, with broad impacts on many aspects of daily life, from snow shoveling and gardening to participating in—and running businesses sustained by—winter sports.
