Cost of Living in Concord, NH

Housing

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

  • Housing Index: 110.0 / 100
  • Median Home Price is: $299000
  • Average Rent (2 BR Apartment): $1800 per month
  • Average Rent (2 BR House): $1840 per month

When considering a move to Concord, NH, the housing index stands at 110.0, indicating a relatively competitive market. With a median home price of 299000 and average rents for 2-bedroom properties reaching 1800 for apartments and 1840 for houses, affordability may be a concern for budget-conscious renters and buyers alike. It's insightful to compare these figures with local income levels and amenities to gauge overall value and lifestyle opportunities in this area, as the cost can significantly impact long-term financial planning.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Concord, 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 Concord, 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 Concord is a financially viable option for your relocation.