Cost of Living in Hollis, NH

Population 8,530 · New Hampshire · Data vintage 2023

170
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Home prices in Hollis run well above the national baseline, with a median of $623,000, though local incomes keep the cost-to-earnings ratio tighter than in coastal metros with comparable sticker prices. Median household earnings of $156,140 place the city among the better-paid New Hampshire metros. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Geographically, Hollis sits roughly 15 miles northwest of Lowell. Median home values run roughly 58% higher than Lowell's $395,000.

Cost Overview

Housing 204
Rent 120

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

About the Cost of Living in Hollis

The median home value in Hollis is $622,800 — 104% above the national median of $305,000. Median rent runs $1,572/month, 20% higher than the national median of $1,314/month. The median household income of $156,140/year is 109% higher than the US median of $74,580. The local unemployment rate is 2.0%, 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, Hollis has a cost of living index of 170 versus the US average of 100, meaning it is 70% more expensive.

🏠 Housing

Median Home Value
$622,800
104% above avg
Median Rent
$1,572/mo
20% above avg
Price-to-Rent Ratio
33.0x
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 89.7%
Renter-occupied 10.3%

💰 Estimated Monthly Budget

Rent median rent
$1,572
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,186/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
28.3 min
5% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
27.3%

Commute Mode

Drove alone
67.2%
Carpooled
3.6%
Public transit
1.9%
Work from home
27.3%

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
$156,140
109% above avg
Per Capita Income
$81,761
Unemployment Rate
2.0%
59% below avg
Poverty Rate
2.1%
Labor Force Participation
55.7%

🎓 Education

Bachelor's degree+ 24.7%
Graduate degree 27.4%

👥 Demographics

Median Age 48.1
Male median age 47.3
Female median age 50.8

🌤 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

Frequently Asked Questions

What is the cost of living in Hollis, NH?

Hollis has a cost index of 170 (100 = national average). It is 70% above the national average.

What is average rent in Hollis, NH?

The median gross rent in Hollis is $1,572 per month based on 2023 Census data.

What is the average home price in Hollis?

The median home value in Hollis is $622,800 according to 2023 Census ACS data.

What is the median income in Hollis?

The median household income in Hollis is $156,140 per year (2023 ACS 5-year estimates).

What is the sales tax in Hollis, NH?

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

Is Hollis, NH affordable?

Hollis is above average in cost of living, with an index of 170 — about 70% higher than the national average.

What is the weather like in Hollis?

Hollis 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.

Hollis at a Glance

Population
8,530
Median Income
$156,140
Home Value
$622,800
Median Rent
$1,572/mo
Unemployment
2.0%
Avg High Temp
59.8°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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