Cost of Living in Exeter, NH

Population 16,098 · New Hampshire · Data vintage 2023

134
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Exeter sits on the smaller end of the New Hampshire city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.7% — below most comparable cities in the state.

Located 25 miles east of Manchester, Exeter falls within that metro's commuting orbit. Median home values run roughly 28% higher than Manchester's $336,000.

Cost Overview

Housing 141
Rent 123

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

About the Cost of Living in Exeter

The median home value in Exeter is $431,200 — 41% above the national median of $305,000. Median rent runs $1,611/month, 23% higher than the national median of $1,314/month. The median household income of $96,483/year is 29% higher than the US median of $74,580. The local unemployment rate is 2.7%, 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 57.1°F and lows of 37.0°F. Overall, Exeter has a cost of living index of 134 versus the US average of 100, meaning it is 34% more expensive.

🏠 Housing

Median Home Value
$431,200
41% above avg
Median Rent
$1,611/mo
23% above avg
Price-to-Rent Ratio
22.3x
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 66.6%
Renter-occupied 33.4%

💰 Estimated Monthly Budget

Rent median rent
$1,611
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,225/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
24.1 min
11% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
19.1%

Commute Mode

Drove alone
72.4%
Carpooled
4.7%
Walked
2.3%
Bicycle
0.9%
Work from home
19.1%

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
$96,483
29% above avg
Per Capita Income
$64,849
Unemployment Rate
2.7%
44% below avg
Poverty Rate
6.5%
Labor Force Participation
56.8%

🎓 Education

Bachelor's degree+ 31.0%
Graduate degree 24.7%

👥 Demographics

Median Age 44.5
Male median age 43.1
Female median age 45.6

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.1°F
Avg Low
37.0°F
Annual Precip
47.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323643556675818072604838
Low °F 151625344453595750393022
Precip" 3.383.524.394.203.804.283.763.433.864.793.954.47

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 40 — Good
75.6%
Good air days/yr
100
Max AQI recorded
126
PM2.5 days
239
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

92.5%
4-Year Graduation Rate
11.7:1
Student-teacher ratio
13
Public schools
5,451
Total enrollment

Frequently Asked Questions

What is the cost of living in Exeter, NH?

Exeter has a cost index of 134 (100 = national average). It is 34% above the national average.

What is average rent in Exeter, NH?

The median gross rent in Exeter is $1,611 per month based on 2023 Census data.

What is the average home price in Exeter?

The median home value in Exeter is $431,200 according to 2023 Census ACS data.

What is the median income in Exeter?

The median household income in Exeter is $96,483 per year (2023 ACS 5-year estimates).

What is the sales tax in Exeter, NH?

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

Is Exeter, NH affordable?

Exeter is above average in cost of living, with an index of 134 — about 34% higher than the national average.

What is the weather like in Exeter?

Exeter has average high temperatures of 57.1°F and average lows of 37.0°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Exeter at a Glance

Population
16,098
Median Income
$96,483
Home Value
$431,200
Median Rent
$1,611/mo
Unemployment
2.7%
Avg High Temp
57.1°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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