Cost of Living in Chesterfield, NH

Population 3,592 · New Hampshire · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Chesterfield a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $313,000. Unemployment has stayed elevated relative to the national figure — 6.4% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Chesterfield is about 50 miles west of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 102
Rent 100

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

About the Cost of Living in Chesterfield

The median home value in Chesterfield is $312,600 — 2% above the national median of $305,000. Median rent runs $1,317/month, equal to than the national median of $1,314/month. The median household income of $110,737/year is 48% higher than the US median of $74,580. The local unemployment rate is 6.4%, above 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 56.4°F and lows of 36.4°F. Overall, Chesterfield has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$312,600
2% above avg
Median Rent
$1,317/mo
0% below avg
Price-to-Rent Ratio
19.8x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,061
1 BR
$1,180
2 BR
$1,548
3 BR
$2,013
4 BR
$2,052
Owner-occupied 83.4%
Renter-occupied 16.6%

💰 Estimated Monthly Budget

Rent median rent
$1,317
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,931/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
23.3 min
14% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
75.8%
Carpooled
9.3%
Walked
1.3%
Work from home
12.7%

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
$110,737
48% above avg
Per Capita Income
$51,254
Unemployment Rate
6.4%
33% above avg
Poverty Rate
8.0%
Labor Force Participation
50.1%

🎓 Education

Bachelor's degree+ 23.1%
Graduate degree 18.7%

👥 Demographics

Median Age 51.4
Male median age 44.5
Female median age 54.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.4°F
Avg Low
36.4°F
Annual Precip
46.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313442556775817971594736
Low °F 131423334454595750393020
Precip" 3.042.983.873.793.644.494.013.864.334.763.514.12

Frequently Asked Questions

What is the cost of living in Chesterfield, NH?

Chesterfield has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Chesterfield, NH?

The median gross rent in Chesterfield is $1,317 per month based on 2023 Census data.

What is the average home price in Chesterfield?

The median home value in Chesterfield is $312,600 according to 2023 Census ACS data.

What is the median income in Chesterfield?

The median household income in Chesterfield is $110,737 per year (2023 ACS 5-year estimates).

What is the sales tax in Chesterfield, NH?

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

Is Chesterfield, NH affordable?

Chesterfield is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in Chesterfield?

Chesterfield has average high temperatures of 56.4°F and average lows of 36.4°F. Annual precipitation is 46.4". Data from NOAA 1991–2020 Climate Normals.

Chesterfield at a Glance

Population
3,592
Median Income
$110,737
Home Value
$312,600
Median Rent
$1,317/mo
Unemployment
6.4%
Avg High Temp
56.4°F
Sales Tax
0.0%
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