Cost of Living in Gilford, NH

Population 7,785 · New Hampshire · Data vintage 2023

116
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Gilford is a smaller New Hampshire community of around 8000 residents, where median household incomes of $115,423 and housing costs ($389,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.3% — below most comparable cities in the state.

Geographically, Gilford is about 35 miles north of Manchester, the nearest large metro. Median home values run roughly 16% higher than Manchester's $336,000.

Cost Overview

Housing 127
Rent 100

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

About the Cost of Living in Gilford

The median home value in Gilford is $388,700 — 27% above the national median of $305,000. Median rent runs $1,308/month, equal to than the national median of $1,314/month. The median household income of $115,423/year is 55% higher than the US median of $74,580. The local unemployment rate is 1.3%, 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, Gilford has a cost of living index of 116 versus the US average of 100, meaning it is 16% more expensive.

🏠 Housing

Median Home Value
$388,700
27% above avg
Median Rent
$1,308/mo
0% below avg
Price-to-Rent Ratio
24.8x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,019
1 BR
$1,182
2 BR
$1,479
3 BR
$1,864
4 BR
$2,221
Owner-occupied 91.0%
Renter-occupied 9.0%

💰 Estimated Monthly Budget

Rent median rent
$1,308
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,922/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
21.2 min
21% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
15.1%

Commute Mode

Drove alone
77.4%
Carpooled
6.8%
Walked
0.1%
Work from home
15.1%

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
$115,423
55% above avg
Per Capita Income
$53,508
Unemployment Rate
1.3%
72% below avg
Poverty Rate
6.2%
Labor Force Participation
50.0%

🎓 Education

Bachelor's degree+ 20.8%
Graduate degree 22.1%

👥 Demographics

Median Age 46
Male median age 43.4
Female median age 46.8

🌤 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 Gilford, NH?

Gilford has a cost index of 116 (100 = national average). It is 16% above the national average.

What is average rent in Gilford, NH?

The median gross rent in Gilford is $1,308 per month based on 2023 Census data.

What is the average home price in Gilford?

The median home value in Gilford is $388,700 according to 2023 Census ACS data.

What is the median income in Gilford?

The median household income in Gilford is $115,423 per year (2023 ACS 5-year estimates).

What is the sales tax in Gilford, NH?

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

Is Gilford, NH affordable?

Gilford is above average in cost of living, with an index of 116 — about 16% higher than the national average.

What is the weather like in Gilford?

Gilford 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.

Gilford at a Glance

Population
7,785
Median Income
$115,423
Home Value
$388,700
Median Rent
$1,308/mo
Unemployment
1.3%
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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