Cost of Living in Allenstown, NH

Population 4,727 · New Hampshire · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Allenstown sits on the smaller end of the New Hampshire city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. An unemployment rate of 2.5% points to a labor market well on the tight side of the national distribution.

Geographically, Allenstown sits roughly 11 miles north of Manchester. Median home values run roughly 31% lower than Manchester's $336,000.

Cost Overview

Housing 76
Rent 85

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Allenstown

The median home value in Allenstown is $232,900 — 24% below the national median of $305,000. Median rent runs $1,118/month, 15% lower than the national median of $1,314/month. The median household income of $80,219/year is 8% higher than the US median of $74,580. The local unemployment rate is 2.5%, below the national average of 4.8%. New Hampshire charges no state income tax, a meaningful advantage for take-home pay. The climate averages highs of 58.3°F and lows of 36.1°F, with about 67.7" of annual snowfall. Overall, Allenstown has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$232,900
24% below avg
Median Rent
$1,118/mo
15% below avg
Price-to-Rent Ratio
17.4x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,120
1 BR
$1,230
2 BR
$1,614
3 BR
$2,132
4 BR
$2,140
Owner-occupied 79.8%
Renter-occupied 20.1%

💰 Estimated Monthly Budget

Rent median rent
$1,118
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,732/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
24.6 min
9% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.2%

Commute Mode

Drove alone
79.9%
Carpooled
5.8%
Walked
4.6%
Work from home
8.2%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax (flat) None
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$80,219
8% above avg
Per Capita Income
$32,755
Unemployment Rate
2.5%
47% below avg
Poverty Rate
12.2%
Labor Force Participation
55.2%

🎓 Education

Bachelor's degree+ 12.6%
Graduate degree 5.4%

👥 Demographics

Median Age 36.6
Male median age 36.7
Female median age 36.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.3°F
Avg Low
36.1°F
Annual Precip
42"
Annual Snowfall
67.7"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323544586978838274614837
Low °F 131523334454595749382920
Precip" 2.802.753.283.433.473.773.623.633.634.433.443.70
Snow" 17.116.913.62.50.00.00.00.00.00.82.514.3

Frequently Asked Questions

What is the cost of living in Allenstown, NH?

Allenstown has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Allenstown, NH?

The median gross rent in Allenstown is $1,118 per month based on 2023 Census data.

What is the average home price in Allenstown?

The median home value in Allenstown is $232,900 according to 2023 Census ACS data.

What is the median income in Allenstown?

The median household income in Allenstown is $80,219 per year (2023 ACS 5-year estimates).

What is the sales tax in Allenstown, NH?

The combined state and local sales tax rate in Allenstown is 0.0%. New Hampshire has no state income tax.

Is Allenstown, NH affordable?

Yes, Allenstown is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

What is the weather like in Allenstown?

Allenstown has average high temperatures of 58.3°F and average lows of 36.1°F. Annual precipitation is 42". Average annual snowfall is 67.7". Data from NOAA 1991–2020 Climate Normals.

Allenstown at a Glance

Population
4,727
Median Income
$80,219
Home Value
$232,900
Median Rent
$1,118/mo
Unemployment
2.5%
Avg High Temp
58.3°F
Sales Tax
0.0%
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