Cost of Living in Conway, NH
Housing
The housing market plays a significant role in determining the cost of living in Conway, NH.
- Housing Index: 110.0 / 100
- Median Home Price is: $297,500
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
If you're considering a move to Conway, NH, the current housing index of 110.0 suggests it may be slightly above the national average. The median home price stands at 297500, making homeownership a viable option, especially for families and professionals. With rental costs averaging 1800 for a 2-bedroom apartment and 1840 for a 2-bedroom house, weigh the benefits of renting versus buying in this thriving market. Overall, the potential for long-term appreciation in home values may also appeal to buyers.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Conway, 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 Conway, 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 Conway is a financially viable option for your relocation.