Cost of Living in Goffstown, NH

Population 18,526 · New Hampshire · Data vintage 2023

110
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 Goffstown a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $351,000. An unemployment rate of 0.6% points to a labor market well on the tight side of the national distribution.

Geographically, Goffstown sits roughly 6 miles west of Manchester. Housing prices track closely with Manchester's $336,000 median.

Cost Overview

Housing 115
Rent 104

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

About the Cost of Living in Goffstown

The median home value in Goffstown is $350,700 — 15% above the national median of $305,000. Median rent runs $1,362/month, 4% higher than the national median of $1,314/month. The median household income of $113,220/year is 52% higher than the US median of $74,580. The local unemployment rate is 0.6%, 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 59.8°F and lows of 40.4°F. Overall, Goffstown has a cost of living index of 110 versus the US average of 100, meaning it is 10% more expensive.

🏠 Housing

Median Home Value
$350,700
15% above avg
Median Rent
$1,362/mo
4% above avg
Price-to-Rent Ratio
21.5x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,184
1 BR
$1,192
2 BR
$1,564
3 BR
$1,917
4 BR
$2,405
Owner-occupied 82.1%
Renter-occupied 17.9%

💰 Estimated Monthly Budget

Rent median rent
$1,362
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,976/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
27.1 min
0% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
13.5%

Commute Mode

Drove alone
74.4%
Carpooled
7.3%
Public transit
0.4%
Walked
2.8%
Bicycle
0.2%
Work from home
13.5%

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
$113,220
52% above avg
Per Capita Income
$48,089
Unemployment Rate
0.6%
87% below avg
Poverty Rate
6.3%
Labor Force Participation
56.0%

🎓 Education

Bachelor's degree+ 25.4%
Graduate degree 13.9%

👥 Demographics

Median Age 40.9
Male median age 41.2
Female median age 39.9

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.8°F
Avg Low
40.4°F
Annual Precip
40.4"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 343746597079848275625039
Low °F 171927384858646254423324
Precip" 2.442.733.453.333.384.043.303.353.723.883.483.29

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 39 — Good
83.6%
Good air days/yr
119
Max AQI recorded
69
PM2.5 days
293
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

94%
4-Year Graduation Rate
13.4:1
Student-teacher ratio
6
Public schools
3,435
Total enrollment

Frequently Asked Questions

What is the cost of living in Goffstown, NH?

Goffstown has a cost index of 110 (100 = national average). It is 10% above the national average.

What is average rent in Goffstown, NH?

The median gross rent in Goffstown is $1,362 per month based on 2023 Census data.

What is the average home price in Goffstown?

The median home value in Goffstown is $350,700 according to 2023 Census ACS data.

What is the median income in Goffstown?

The median household income in Goffstown is $113,220 per year (2023 ACS 5-year estimates).

What is the sales tax in Goffstown, NH?

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

Is Goffstown, NH affordable?

Goffstown is near the national average in terms of cost of living, with an index of 110 (100 = US average).

What is the weather like in Goffstown?

Goffstown has average high temperatures of 59.8°F and average lows of 40.4°F. Annual precipitation is 40.4". Data from NOAA 1991–2020 Climate Normals.

Goffstown at a Glance

Population
18,526
Median Income
$113,220
Home Value
$350,700
Median Rent
$1,362/mo
Unemployment
0.6%
Avg High Temp
59.8°F
Sales Tax
0.0%
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