Cost of Living in Hopkinton, NH
Population 5,976 · New Hampshire · Data vintage 2023
(100 = US avg)
Under 25,000 residents gives Hopkinton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $441,000. An unemployment rate of 1.9% points to a labor market well on the tight side of the national distribution.
Located 20 miles northwest of Manchester, Hopkinton falls within that metro's commuting orbit. Median home values run roughly 31% higher than Manchester's $336,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hopkinton
The median home value in Hopkinton is $441,200 — 45% above the national median of $305,000. Median rent runs $1,166/month, 11% lower than the national median of $1,314/month. The median household income of $130,216/year is 75% higher than the US median of $74,580. The local unemployment rate is 1.9%, 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, Hopkinton has a cost of living index of 122 versus the US average of 100, meaning it is 22% more expensive.
Hopkinton has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 44 | 58 | 69 | 78 | 83 | 82 | 74 | 61 | 48 | 37 |
| Low °F | 13 | 15 | 23 | 33 | 44 | 54 | 59 | 57 | 49 | 38 | 29 | 20 |
| Precip" | 2.80 | 2.75 | 3.28 | 3.43 | 3.47 | 3.77 | 3.62 | 3.63 | 3.63 | 4.43 | 3.44 | 3.70 |
| Snow" | 17.1 | 16.9 | 13.6 | 2.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 2.5 | 14.3 |
Frequently Asked Questions
What is the cost of living in Hopkinton, NH?
Hopkinton has a cost index of 122 (100 = national average). It is 22% above the national average.
What is average rent in Hopkinton, NH?
The median gross rent in Hopkinton is $1,166 per month based on 2023 Census data.
What is the average home price in Hopkinton?
The median home value in Hopkinton is $441,200 according to 2023 Census ACS data.
What is the median income in Hopkinton?
The median household income in Hopkinton is $130,216 per year (2023 ACS 5-year estimates).
What is the sales tax in Hopkinton, NH?
The combined state and local sales tax rate in Hopkinton is 0.0%. New Hampshire has no state income tax.
Is Hopkinton, NH affordable?
Hopkinton is above average in cost of living, with an index of 122 — about 22% higher than the national average.
What is the weather like in Hopkinton?
Hopkinton 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.
Hopkinton at a Glance
- Population
- 5,976
- Median Income
- $130,216
- Home Value
- $441,200
- Median Rent
- $1,166/mo
- Unemployment
- 1.9%
- Avg High Temp
- 58.3°F
- Sales Tax
- 0.0%
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New Hampshire Rankings
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