Cost of Living in Nashua, NH

Housing

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

• Housing Index: 115.0 / 100
• Median Home Price is: $430000
• Average Rent (2 BR Apartment): $1900 per month
• Average Rent (2 BR House): $1960 per month

In assessing the appeal of Nashua, NH, the population of presents a community with diverse potential. The median age of reflects a mature demographic, ideal for families and professionals. With a median income of , residents experience relative financial stability. The poverty level stands at a low %, while the unemployment rate, currently at %, suggests a healthy job market. Nearly % of households are married families, taking into account family-oriented amenities and lifestyle options. This combination makes Nashua an attractive location for many prospective movers.

Utilities

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

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 110.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $88766

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Nashua, NH, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.