Cost of Living in Bedford, NH
Housing
The housing market plays a significant role in determining the cost of living in Bedford, NH.
- Housing Index: 125.0 / 100
- Median Home Price is: $434,000
- Average Rent (2 BR Apartment): $2200 per month
- Average Rent (2 BR House): $2250 per month
When considering a move to Bedford, NH, the housing landscape presents some notable aspects. With a housing index of 125.0, which indicates that it’s more expensive to live here compared to the national average, housing might require a significant budget. The median home price stands at 434000, and the average rent for a 2-bedroom apartment is 2200, while a 2-bedroom house averages 2250. Families seeking space may prefer a house, but both options reflect the area's competitive market. Research local amenities and job opportunities to ensure that this investment aligns with your lifestyle goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Bedford, NH.
- Electricity Price: $22.44 USD (median by state)
- Natural Gas Price: $17.58 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Bedford, NH could entail higher utility costs. Electricity costs sit at $22.44, while natural gas is priced at $17.58 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Bedford is a financially viable option for your relocation.