New Hampshire's average cost of living is 5.4% higher than the national average due to categories such as groceries, housing, and utilities. Transportation and health costs are significantly lower than in other states. The cost of living in Nashua is 5.7% higher than the state average, but many municipalities are more affordable. For example, Littleton is 17.6% less costly than the state average. Although living in New Hampshire's serene environment often comes at a price, you can find an affordable municipality that suits your needs with some research.
Average Home Prices in New Hampshire
Average home prices in New Hampshire are not cheap. The state's median cost is $274,300, which is $43,100 more than the U.S. average of $231,200. Dover's average of $293,800 and Nashua's price tag of $289,700 are even higher. But homes in Concord are $232,000, which is just about average, and the cost in Littleton is much lower at $172,000. If you're looking for an affordable rent-to-own home, there are many municipalities with inexpensive real estate markets in New Hampshire.
New Hampshire Statistics
If you're interested in New Hampshire rent-to-own homes, don't forget to consider important factors in addition to monthly living costs, such as average commute, taxes, crime rates, etc. The following are some common New Hampshire statistics compared to the U.S. national average.
| ||New Hampshire Averages ||National Averages |
|One-Way Commute ||27.2 minutes ||26.4 minutes |
|Violent Crime ||14.0 ||22.7 |
|Property Crime ||22.8 ||35.4 |
|Unemployment Rate ||2.5% ||3.9% |
|Income Tax Rate ||0% ||4.6% |
|Air Quality ||74 ||58 |
|Water Quality ||56 ||55 |
|Median Household Income ||$65,986 ||$53,482 |
|Median Property Taxes ||$5,400 ||$2,200 |
|Utilities ||$477/month ||$112/month |
|Monthly Rent ||$1,077 ||$1,470 |
|Median Home Cost ||$274,300 ||$231,200 |
|Median Home Age ||40 years ||40 years |
Popular New Hampshire Cities
Concord is the third-most populous city in the state, with 43,627 residents. It became the capital of New Hampshire in 1808 because of its location in the center of the state. The city has a vibrant, aesthetically pleasing downtown. All the buildings in the downtown - some of which were built in the mid-1800s - are listed on the National Register of Historic Places, and many have been restored architecturally to create a historic appearance. There are lots of boutique shops, eateries, art-inspired stores, a movie theater, galleries, a public theater, art and music schools, and a performing arts center. In addition to what the city itself has to offer, Concord's central location provides access to many state attractions and popular destinations in other cities.
With a population of 112,673 residents, Manchester is the most populated city in New Hampshire. Over the years, it has received accolades, such as CNN's number one city for small businesses in 2015, and, more recently, it made Livability's 2019 Top 100 list of best places to live. Major industries include health care, education, communication, and banking. The city's attractions range from local-style spots, such as Boards and Brews, a cafÃ© where you can play over 1,600 board games while you eat and drink, to ski slopes, museums, and all the standard amenities you'd expect to see in a thriving city.
Littleton is one of the many small, rustic towns that dot New Hampshire's landscape. It has a population of 5,870 and encompasses an area of 50 square miles. Unique shops, such as Chutters - "Home of the World's Longest Candy Counter" - line its streets. Its proximity to the White Mountains and the Connecticut River gives its residents access to endless outdoor adventures and water sports and activities. The municipality was number six on Best Choice Reviews' list of best small-town downtowns in 2015. It boasts boutique stores and eateries, a historic appeal, live street performances, and a vibrant arts scene.
Popular Amenities and Attractions in New Hampshire
New Hampshire's largest lake, the 72-square-mile Lake Winnipesaukee, offers four seasons of adventure including boating, ice fishing, and water sports. The lake also has 253 islands to explore. The White Mountains in New Hampshire encompass over 750,000 acres and provide all sorts of entertainment and amenities in addition to the typical outdoor experiences. You can find museums, theater-style shows, shopping, horseback riding, synthetic rock climbing, and a variety of historical adventures and modern activities in the mountains and its surrounding areas.
Mount Washington State Park is located within the White Mountains. Its peak hits 6,288 feet - the highest in the Northeast - and its views extend to 130 miles. On the mountain, the Sherman Adams building houses a cafeteria, museum, gift shops, and an observatory. The Tip Top House, also located at the summit of Mount Washington, is believed to be the oldest mountain-top hotel currently in operation. Built in 1853, it was used for multiple purposes over the years but is currently restored to its original condition.
Further north of the White Mountains, and leading to the border of Quebec, Canada, you'll find the Great North Woods Region. The area has many forests, lakes, and rivers where visitors enjoy ATV riding, snowmobiling, boating, camping, biking, and downhill and cross-country skiing. Several towns in the area offer local events and amenities. The Connecticut River, located in the Great North Woods Region, provides more than 400 miles of fishing, boating, and scenic views. To complete your experience, stay at the Rivervail Farm, where you'll see bison, moose, and elk roaming freely. The farm was originally established in the 1800s and now serves as a hotel.