Cost of Living in Deerfield, NH

Population 4,901 · New Hampshire · Data vintage 2023

124
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Deerfield is a smaller New Hampshire community of around 5000 residents, where median household incomes of $126,625 and housing costs ($393,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. An unemployment rate of 2.6% points to a labor market well on the tight side of the national distribution.

Geographically, Deerfield sits roughly 14 miles northeast of Manchester. Median home values run roughly 17% higher than Manchester's $336,000.

Cost Overview

Housing 129
Rent 117

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

About the Cost of Living in Deerfield

The median home value in Deerfield is $393,100 — 29% above the national median of $305,000. Median rent runs $1,531/month, 17% higher than the national median of $1,314/month. The median household income of $126,625/year is 70% higher than the US median of $74,580. The local unemployment rate is 2.6%, 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, Deerfield has a cost of living index of 124 versus the US average of 100, meaning it is 24% more expensive.

🏠 Housing

Median Home Value
$393,100
29% above avg
Median Rent
$1,531/mo
17% above avg
Price-to-Rent Ratio
21.4x
Favors renting
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 91.6%
Renter-occupied 8.4%

💰 Estimated Monthly Budget

Rent median rent
$1,531
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,145/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
37.1 min
37% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.8%

Commute Mode

Drove alone
73.8%
Carpooled
3.5%
Walked
4.3%
Bicycle
0.3%
Work from home
16.8%

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
$126,625
70% above avg
Per Capita Income
$51,612
Unemployment Rate
2.6%
46% below avg
Poverty Rate
5.7%
Labor Force Participation
53.1%

🎓 Education

Bachelor's degree+ 30.7%
Graduate degree 12.5%

👥 Demographics

Median Age 42.5
Male median age 42
Female median age 42.8

🌤 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 Deerfield, NH?

Deerfield has a cost index of 124 (100 = national average). It is 24% above the national average.

What is average rent in Deerfield, NH?

The median gross rent in Deerfield is $1,531 per month based on 2023 Census data.

What is the average home price in Deerfield?

The median home value in Deerfield is $393,100 according to 2023 Census ACS data.

What is the median income in Deerfield?

The median household income in Deerfield is $126,625 per year (2023 ACS 5-year estimates).

What is the sales tax in Deerfield, NH?

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

Is Deerfield, NH affordable?

Deerfield is above average in cost of living, with an index of 124 — about 24% higher than the national average.

What is the weather like in Deerfield?

Deerfield 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.

Deerfield at a Glance

Population
4,901
Median Income
$126,625
Home Value
$393,100
Median Rent
$1,531/mo
Unemployment
2.6%
Avg High Temp
58.3°F
Sales Tax
0.0%
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Explore county-level cost of living data

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