Cost of Living in Concord, NH

Population 44,219 · New Hampshire · Data vintage 2023

105
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Concord cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $324,000, rents near $1,360 a month.

Concord sits roughly 20 miles northwest of Manchester — 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 106
Rent 104

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

About the Cost of Living in Concord

The median home value in Concord is $323,700 — 6% above the national median of $305,000. Median rent runs $1,360/month, 4% higher than the national median of $1,314/month. The median household income of $83,701/year is 12% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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, Concord has a cost of living index of 105 versus the US average of 100, meaning it is 5% more expensive.

🏠 Housing

Median Home Value
$323,700
6% above avg
Zillow Home Value
$436,675
Zillow ZHVI
Median Rent
$1,360/mo
4% above avg
Zillow Rent
$1,852/mo
Zillow ZORI
Price-to-Rent Ratio
19.8x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,104
1 BR
$1,180
2 BR
$1,548
3 BR
$2,019
4 BR
$2,140
Owner-occupied 57.4%
Renter-occupied 42.6%

💰 Estimated Monthly Budget

Rent median rent
$1,360
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,974/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
25.0 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.9%

Commute Mode

Drove alone
71.9%
Carpooled
8.0%
Public transit
0.4%
Walked
5.0%
Bicycle
0.8%
Work from home
12.9%

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
$83,701
12% above avg
Per Capita Income
$45,420
Unemployment Rate
4.3%
11% below avg
Poverty Rate
8.7%
Labor Force Participation
63.6%

🎓 Education

Bachelor's degree+ 22.7%
Graduate degree 17.4%

👥 Demographics

Median Age 40.7
Male median age 38.4
Female median age 43.1

🌤 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

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
92.5%
Good air days/yr
100
Max AQI recorded
0
PM2.5 days
213
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

89%
4-Year Graduation Rate
13.7:1
Student-teacher ratio
9
Public schools
4,369
Total enrollment

Frequently Asked Questions

What is the cost of living in Concord, NH?

Concord has a cost index of 105 (100 = national average). It is 5% above the national average.

What is average rent in Concord, NH?

The median gross rent in Concord is $1,360 per month based on 2023 Census data.

What is the average home price in Concord?

The median home value in Concord is $323,700 according to Zillow and Census data.

What is the median income in Concord?

The median household income in Concord is $83,701 per year (2023 ACS 5-year estimates).

What is the sales tax in Concord, NH?

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

Is Concord, NH affordable?

Concord is near the national average in terms of cost of living, with an index of 105 (100 = US average).

What is the weather like in Concord?

Concord 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.

Concord at a Glance

Population
44,219
Median Income
$83,701
Home Value
$323,700
Median Rent
$1,360/mo
Unemployment
4.3%
Avg High Temp
58.3°F
Sales Tax
0.0%
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