Cost of Living in Henniker, NH
Housing
The housing market plays a significant role in determining the cost of living in Henniker, NH.
- Housing Index: 95.0 / 100
- Median Home Price is: $295,000
- Average Rent (2 BR Apartment): $1600 per month
- Average Rent (2 BR House): $1648 per month
Considering the data for Henniker, NH, the housing index of 95.0 suggests that the cost of living is relatively lower than the national average. The median home price of 295000 is quite affordable compared to many urban areas, making home buying a feasible option. Meanwhile, renting a 2-bedroom apartment at 1600 or house at 1648 is also competitive. As demand and prices can fluctuate, it’s essential to consider long-term trends and neighborhood developments. Evaluate your lifestyle needs and financial strategy to make the best decision for your future in Henniker.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Henniker, 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.): $200 per month
Living in Henniker, 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 $200 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 Henniker is a financially viable option for your relocation.