COST OF LIVING New Hampshire United States
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Housing 118.6 100
Median Home Cost $357,000 $291,700
Utilities 120.5 100
Why is it so expensive to live in NH?
Other factors that go into the cost of living, such as healthcare and transportation, are lower in New Hampshire than the national average. Another big draw for people who relocate to New Hampshire is the state's lack of an income tax or sales tax.
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.
Are houses expensive in New Hampshire?
Housing prices in New Hampshire have entered uncharted territory, with the median price for a single-family home now more than $400,000. According to the New Hampshire Association of Realtors, the median cost of a single-family home was $402,000 in the May, an increase of 25% from the same time a year ago.
How much do you need to make to live comfortably in NH?
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 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.
Is it cheaper to live in NH or me?
Maine would likely be cheapest. Its a poor state. NH doesn't have income tax but they have high property taxes by comparison to most states.
Is it worth moving to New Hampshire?
“New Hampshire has many natural advantages. It's a small state, which makes it easy to access ski mountains, hiking, the beach, and the lakes, all while staying within an hour from Boston. Low crime rates and no income or sales tax make it a great place to live. Plus, it simply has natural beauty in all seasons.
Why is it expensive to live in New Hampshire?
Other factors that go into the cost of living, such as healthcare and transportation, are lower in New Hampshire than the national average. Another big draw for people who relocate to New Hampshire is the state's lack of an income tax or sales tax. Most online cost of living calculators do not factor in taxes.
Why is rent so high in New Hampshire?
“In turn, the lack of inventory of affordable homes to purchase means that many would-be home buyers continue to rent because of a scarcity of homes in their price range. The lack of for-sale inventory adds pressure to rental costs in New Hampshire.”
Is New Hampshire nice to live?
New Hampshire has one of the lowest crime rates in the United States. Including both property crime and violent crime. USA Today recently ranked New Hampshire with the 3rd lowest crime rate in the country. One of the safest regions to live in for the low crime.
Why you should not move to New Hampshire?
One reason a person may not want to move to NH is that during the Winter, it can get EXTREMELY cold & snow an EXTREME amount. NH also does not have that large of a snow plowing budget & streets get bad quickly. Another reason has to do with taxes.