Cost of Living in Haverhill, NH

Population 4,608 · New Hampshire · Data vintage 2023

73
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Haverhill offers a notably favorable income-to-housing ratio for its region. The typical home — $204,000 — costs less than 2.8 times median household income of $72,201, a threshold many coastal markets passed a decade ago. The labor market has been unusually tight, with unemployment around 1.5% — below most comparable cities in the state.

Geographically, Haverhill lies roughly 80 miles northwest of the nearest major metro, Manchester. Median home values run roughly 39% lower than Manchester's $336,000.

Cost Overview

Housing 67
Rent 83

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

About the Cost of Living in Haverhill

The median home value in Haverhill is $203,600 — 33% below the national median of $305,000. Median rent runs $1,094/month, 17% lower than the national median of $1,314/month. The median household income of $72,201/year is 3% lower than the US median of $74,580. The local unemployment rate is 1.5%, 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 54.1°F and lows of 33.7°F. Overall, Haverhill has a cost of living index of 73 versus the US average of 100, meaning it is 27% less expensive.

🏠 Housing

Median Home Value
$203,600
33% below avg
Median Rent
$1,094/mo
17% below avg
Price-to-Rent Ratio
15.5x
Favors buying
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,104
1 BR
$1,156
2 BR
$1,516
3 BR
$2,019
4 BR
$2,109
Owner-occupied 75.4%
Renter-occupied 24.6%

💰 Estimated Monthly Budget

Rent median rent
$1,094
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,708/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
38.4 min
42% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.6%

Commute Mode

Drove alone
78.8%
Carpooled
14.4%
Walked
0.5%
Work from home
4.6%

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
$72,201
3% below avg
Per Capita Income
$43,016
Unemployment Rate
1.5%
69% below avg
Poverty Rate
9.8%
Labor Force Participation
47.8%

🎓 Education

Bachelor's degree+ 7.7%
Graduate degree 14.5%

👥 Demographics

Median Age 46.2
Male median age 49.3
Female median age 44.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
54.1°F
Avg Low
33.7°F
Annual Precip
39.3"
20° 40° 60° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 263039536775807870574332
Low °F 8919324353585648372716
Precip" 2.522.162.423.263.743.814.433.833.323.873.052.93

Frequently Asked Questions

What is the cost of living in Haverhill, NH?

Haverhill has a cost index of 73 (100 = national average). It is 27% below the national average.

What is average rent in Haverhill, NH?

The median gross rent in Haverhill is $1,094 per month based on 2023 Census data.

What is the average home price in Haverhill?

The median home value in Haverhill is $203,600 according to 2023 Census ACS data.

What is the median income in Haverhill?

The median household income in Haverhill is $72,201 per year (2023 ACS 5-year estimates).

What is the sales tax in Haverhill, NH?

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

Is Haverhill, NH affordable?

Yes, Haverhill is generally considered affordable, with a cost of living index of 73 — about 27% below the US national average of 100.

What is the weather like in Haverhill?

Haverhill has average high temperatures of 54.1°F and average lows of 33.7°F. Annual precipitation is 39.3". Data from NOAA 1991–2020 Climate Normals.

Haverhill at a Glance

Population
4,608
Median Income
$72,201
Home Value
$203,600
Median Rent
$1,094/mo
Unemployment
1.5%
Avg High Temp
54.1°F
Sales Tax
0.0%
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