What county in New Hampshire has the lowest cost of living?
The county in New Hampshire with the lowest cost of living is Hillsborough County. The average living wage in Hillsborough County is $100,802 according to MIT data. Hillsborough County has the lowest cost of living because it has relatively less expensive childcare and housing costs compared to New Hampshire as a whole. Childcare costs $20,260 a year in Hillsborough County for two children compared to the New Hampshire average of $19,454. Housing costs, defined as a blend of the average rent and average mortgage payment, are $16,423 per year in Hillsborough County compared to $15,387 on average in New Hampshire.
The average home value in Hillsborough County is $287,900 and the average income is $82,099 per year. Part of the reason this county has the lowest cost of living in New Hampshire is a relatively high level of poverty for New Hampshire and higher than average crime rates. These factors make a place less desirable to live, but also push down the cost of living.
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People Also Ask About New Hampshire
Is New Hampshire a dangerous state?
No, New Hampshire is not a dangerous state as it ranks as the #1 safest state in the United States based on our analysis of the latest FBI Crime Data. The violent crime rate in New Hampshire ranks 49th most dangerous in the United States -- 60.42% better than US average violent crime rate. The property crime rate in the Granite State ranks 49th most dangerous in the United States -- 43.77% better than US average property crime rate. The latest reporting year from the FBI was 2022.
Is Manchester, NH a dangerous city?
No, Manchester is not a dangerous city. Manchester ranks as the #155 safest out of 328 major cities over 100,000 people in the United States based on our analysis of the latest FBI Crime Data. Keep in mind that are always safe and dangerous parts of any city, so even though Manchester might be considered safe you still need to be aware of where you are.
Compared to other big cities, the violent crime rate in Manchester ranks 189th highest in America -- 25.62% better than US average violent crime rate. The property crime rate in the ranks 173rd highest in the United States -- 8.78% better than US average property crime rate. Note the latest reporting year from the FBI was 2022 and that no city in America is "dangerous". Despite the uptick in murders, it's nothing like you'd see in Tijuana or Caracas where the murder rate is 2x any American city.
What is the cost of living in New Hampshire?
The cost of living in New Hampshire is 10.0% higher than the US average. According to MIT, the required living wage for a family of four with two working parents in New Hampshire is $98,702 vs the national average for a family of four with two working parents of $89,744. The median income of a New Hampshire household is $77,923.
What is the cheapest housing market in New Hampshire?
The cheapest housing market in New Hampshire is Berlin. The average home value in Berlin is $85,100, the lowest in the state. The average home value in New Hampshire is $272,300, almost 3.2 times higher than Berlin.