New Hampshire's cost of living index is 121 — 21.0% above the US average of 100. Compare purchasing power and equivalent salaries across states.
CoL Index
121
US avg = 100
vs. National Avg
+21.0%
More expensive
Median Income
$77,923
New Hampshire median household
Equiv. at US Avg
$64,399
Same purchasing power
| CoL Index | 121 | MIT/MERIC composite index (US avg = 100) |
| vs. National | +21.0% | Above average cost |
| Median Household Income | $77,923 | New Hampshire median (2023 ACS) |
| National Purchasing Power | $64,399 | Equivalent $ at US avg CoL |
| Overall Category | High | Qualitative classification |
| Population | 1,377,529 | 2020 US Census |
With a cost of living index of 121, New Hampshire is 21% above the national average. Higher costs in New Hampshire mean your dollar stretches less far than in most states. A salary of $77,923 in New Hampshire provides the equivalent purchasing power of $64,399 in a state with average cost of living.
Housing is typically the largest driver of cost of living differences between states.New Hampshire's median home price of $430,000 is significantly above the national median of approximately $310,000. Other factors include state income tax (none in New Hampshire), sales tax (no state sales tax), and local property tax rates (2.18%).
