Cost of Living in Hollis, NH
Housing
The housing market plays a significant role in determining the cost of living in Hollis, NH.
- Housing Index: 110.0 / 100
- Median Home Price is: $493,800
- Average Rent (2 BR Apartment): $2400 per month
- Average Rent (2 BR House): $2390 per month
When considering a move to Hollis, NH, it's essential to analyze the current housing environment. With a housing index of 110.0, the cost of living is noticeably above the national average. The median home price stands at 493800, indicating a competitive real estate market. Additionally, the average rent for a 2-bedroom apartment is 2400, while a 2-bedroom house averages slightly less at 2390. This data suggests that, while buying may require a substantial investment, renting could offer a slight flexibility in your living options.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hollis, 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.): $275 per month
Living in Hollis, 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 $275 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 Hollis is a financially viable option for your relocation.