Cost of Living in Chester, NH

Population 5,263 · New Hampshire · Data vintage 2023

157
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Chester is a smaller New Hampshire community of around 5000 residents, where median household incomes of $138,606 and housing costs ($480,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.9% points to a labor market well on the tight side of the national distribution.

Located 10 miles east of Manchester, Chester falls within that metro's commuting orbit. Median home values run roughly 43% higher than Manchester's $336,000.

Cost Overview

Housing 157

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

About the Cost of Living in Chester

The median home value in Chester is $479,500 — 57% above the national median of $305,000. The median household income of $138,606/year is 86% higher than the US median of $74,580. The local unemployment rate is 2.9%, 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 59.8°F and lows of 40.4°F. Overall, Chester has a cost of living index of 157 versus the US average of 100, meaning it is 57% more expensive.

🏠 Housing

Median Home Value
$479,500
57% above avg
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,346
1 BR
$1,498
2 BR
$1,963
3 BR
$2,365
4 BR
$2,603
Owner-occupied 97.4%
Renter-occupied 2.6%

🛒 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
35.3 min
31% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.3%

Commute Mode

Drove alone
76.4%
Carpooled
3.9%
Public transit
0.5%
Walked
0.7%
Work from home
16.3%

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
$138,606
86% above avg
Per Capita Income
$56,192
Unemployment Rate
2.9%
40% below avg
Poverty Rate
1.6%
Labor Force Participation
62.9%

🎓 Education

Bachelor's degree+ 23.8%
Graduate degree 19.7%

👥 Demographics

Median Age 46.8
Male median age 47.4
Female median age 45.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.8°F
Avg Low
40.4°F
Annual Precip
40.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343746597079848275625039
Low °F 171927384858646254423324
Precip" 2.442.733.453.333.384.043.303.353.723.883.483.29

Frequently Asked Questions

What is the cost of living in Chester, NH?

Chester has a cost index of 157 (100 = national average). It is 57% above the national average.

What is the average home price in Chester?

The median home value in Chester is $479,500 according to 2023 Census ACS data.

What is the median income in Chester?

The median household income in Chester is $138,606 per year (2023 ACS 5-year estimates).

What is the sales tax in Chester, NH?

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

Is Chester, NH affordable?

Chester is above average in cost of living, with an index of 157 — about 57% higher than the national average.

What is the weather like in Chester?

Chester has average high temperatures of 59.8°F and average lows of 40.4°F. Annual precipitation is 40.4". Data from NOAA 1991–2020 Climate Normals.

Chester at a Glance

Population
5,263
Median Income
$138,606
Home Value
$479,500
Unemployment
2.9%
Avg High Temp
59.8°F
Sales Tax
0.0%
View all cities in New Hampshire →
🗺️ County data for New Hampshire

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs