Cost of living in Claremont research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Claremont is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Hampshire, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Claremont is 100, with 100 being the average.
The cost of living index in Claremont is 1.0x lower than the national average.
Claremont ranks as the #2 cheapest in New Hampshire out of 25.
Claremont ranks as the #3,149 cheapest out of 6,412 in the US.
The median home value in Claremont is $136,600.
The median income in Claremont is $46,414.
According to the most recent data on the cost of living, Claremont has an overall cost of living index of 100, which is 1.0x lower than the national index of 100.
Compared to New Hampshire, Claremont has a cost of living index that's 0.9x lower than New Hampshire's index of 114.
The standard of living in Claremont ranks as #2 most affordable out of the 25 places we measured in New Hampshire. By definition, that implies Claremont ranks as the #23 most expensive place in the Granite State.
For more reading on life in Claremont, check out:
Six factors go into calculating the cost of living index in Claremont. Here is how it fairs on each of the criteria:
The Services index in Claremont is 113.
The Groceries index in Claremont is 98.
The Health index in Claremont is 115.
The Housing index in Claremont is 76.
The Transportation index in Claremont is 93.
The Utilities index in Claremont is 114.
Living Expense | Claremont | New Hampshire | National Average | |
---|---|---|---|---|
Overall | 100 | 114 | 100 | |
Services | 113 | 123 | 100 | |
Groceries | 98 | 102 | 100 | |
Health | 115 | 124 | 100 | |
Housing | 76 | 108 | 100 | |
Transportation | 93 | 110 | 100 | |
Utilities | 114 | 122 | 100 |
Housing swings affordability the most between places in New Hampshire, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Claremont is $136,600.
The Median Rent in Claremont is $995.
The Median Income in Claremont is $46,414.
The Home Value To Income in Claremont is 2.9x.
The Rent To Monthly Income in Claremont is 0.26x.
Statistic | Claremont | New Hampshire | United States |
---|---|---|---|
Median Home Value | $136,600 | $288,700 | $244,900 |
Median Rent | $995 | $1,212 | $1,163 |
Median Income | $46,414 | $83,449 | $69,021 |
Home Value To Income | 2.9x | 3.5x | 3.5x |
Rent To Monthly Income | 0.26x | 0.17x | 0.2x |
Item | Claremont | New Hampshire |
---|---|---|
Shampoo | $0.98 | $1.06 |
Movie | $8.77 | $10.68 |
Bowling | $19.0 | $14.67 |
Haircut | $25.03 | $18.62 |
Beauty Salon | $41.18 | $39.05 |
Item | Claremont | New Hampshire |
---|---|---|
Ground Beef | $3.49 | $4.22 |
Fried Chicken | $1.19 | $1.39 |
Milk | $2.79 | $2.05 |
Potatoes | $3.41 | $3.29 |
Pizza | $11.09 | $10.62 |
Beer | $8.99 | $9.38 |
Toothpaste | $2.64 | $2.34 |
Item | Claremont | New Hampshire |
---|---|---|
Optometrist | $101.89 | $108.57 |
Doctor | $152.49 | $116.17 |
Dentist | $121.64 | $99.13 |
Item | Claremont | New Hampshire |
---|---|---|
Gasoline | $2.0 | $2.22 |
Tire Balancing | $51.84 | $50.07 |
Item | Claremont | New Hampshire |
---|---|---|
All Electricity | $205.73 | $167.67 |
Phone | $179.98 | $175.64 |
The cost of living varies in the cities and towns around Claremont. Here's a quick look at the cost of living in the most populous nearby places:
Lebanon, NH has a cost of living index of 114, 1.1x Claremont.
Hanover, NH has a cost of living index of 143, 1.4x Claremont.
Newport, NH has a cost of living index of 102, 1.0x Claremont.
City | Population | Cost Of Living | Vs. Claremont |
---|---|---|---|
Lebanon, NH | 14,316 | 114 | 1.1x |
Hanover, NH | 8,813 | 143 | 1.4x |
Newport, NH | 5,333 | 102 | 1.0x |