Cost of Living: Laconia, NH vs Salem, OH

Housing

The housing market plays a significant role in determining the cost of living.

Metric Laconia Salem
Housing Index 95.0 85.0
Median Home Price $325,000 $100,000
Average Rent (2 BR Apartment) $1700 $960
Average Rent (2 BR House) $1820 $1024

Housing Comparison: Laconia vs Salem

  • In Laconia, the median home price is higher at $325,000, while in Salem it is $100,000.
  • In Salem, the rental for a two-bedroom apartment stands at $960, while it is $1,700 in Laconia.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.

Metric Laconia Salem
Electricity Price $22.44 $15.92
Natural Gas Price $17.58 $Data is updating
Other Utilities $250 $230

Utilities Comparison: Laconia vs Salem

  • Electricity costs are higher in Laconia at $22.44 per kWh, compared to $15.92 in Salem.
  • Natural gas price data is currently unavailable.
  • Other utility costs are higher in Laconia at an average of $250, compared to Salem with $230.