Cost of Living in Conway, NH

Population 10,068 · New Hampshire · Data vintage 2023

87
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 Conway a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $272,000. Unemployment has stayed elevated relative to the national figure — 8.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Conway is about 75 miles north of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 19% lower than Manchester's $336,000.

Cost Overview

Housing 89
Rent 84

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

About the Cost of Living in Conway

The median home value in Conway is $271,700 — 11% below the national median of $305,000. Median rent runs $1,107/month, 16% lower than the national median of $1,314/month. The median household income of $69,219/year is 7% lower than the US median of $74,580. The local unemployment rate is 8.1%, 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 57.0°F and lows of 32.4°F. Overall, Conway has a cost of living index of 87 versus the US average of 100, meaning it is 13% less expensive.

🏠 Housing

Median Home Value
$271,700
11% below avg
Median Rent
$1,107/mo
16% below avg
Price-to-Rent Ratio
20.5x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$973
1 BR
$1,127
2 BR
$1,395
3 BR
$1,876
4 BR
$2,328
Owner-occupied 69.4%
Renter-occupied 30.6%

💰 Estimated Monthly Budget

Rent median rent
$1,107
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,721/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
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
10.4%

Commute Mode

Drove alone
78.4%
Carpooled
8.6%
Public transit
1.0%
Walked
1.6%
Work from home
10.4%

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
$69,219
7% below avg
Per Capita Income
$42,974
Unemployment Rate
8.1%
69% above avg
Poverty Rate
7.7%
Labor Force Participation
56.1%

🎓 Education

Bachelor's degree+ 23.6%
Graduate degree 14.8%

👥 Demographics

Median Age 53.5
Male median age 46.5
Female median age 58.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.0°F
Avg Low
32.4°F
Annual Precip
46.9"
23° 45° 68° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 313442566877828173594736
Low °F 7919304251565446352615
Precip" 3.362.943.604.463.694.133.883.584.044.734.354.15

🏫 Schools

NCES CCD 2019 — public school district data

92%
4-Year Graduation Rate
10.9:1
Student-teacher ratio
8
Public schools
1,966
Total enrollment

Frequently Asked Questions

What is the cost of living in Conway, NH?

Conway has a cost index of 87 (100 = national average). It is 13% below the national average.

What is average rent in Conway, NH?

The median gross rent in Conway is $1,107 per month based on 2023 Census data.

What is the average home price in Conway?

The median home value in Conway is $271,700 according to 2023 Census ACS data.

What is the median income in Conway?

The median household income in Conway is $69,219 per year (2023 ACS 5-year estimates).

What is the sales tax in Conway, NH?

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

Is Conway, NH affordable?

Yes, Conway is generally considered affordable, with a cost of living index of 87 — about 13% below the US national average of 100.

What is the weather like in Conway?

Conway has average high temperatures of 57.0°F and average lows of 32.4°F. Annual precipitation is 46.9". Data from NOAA 1991–2020 Climate Normals.

Conway at a Glance

Population
10,068
Median Income
$69,219
Home Value
$271,700
Median Rent
$1,107/mo
Unemployment
8.1%
Avg High Temp
57.0°F
Sales Tax
0.0%
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🗺️ County data for New Hampshire

Explore county-level cost of living data

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