Cost of Living in Laconia, NH

Population 16,982 · New Hampshire · Data vintage 2023

97
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Laconia is a smaller New Hampshire community of around 17000 residents, where median household incomes of $68,427 and housing costs ($309,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Laconia is about 40 miles north of Manchester, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 8% lower than Manchester's $336,000.

Cost Overview

Housing 101
Rent 90

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

About the Cost of Living in Laconia

The median home value in Laconia is $308,800 — 1% above the national median of $305,000. Median rent runs $1,180/month, 10% lower than the national median of $1,314/month. The median household income of $68,427/year is 8% lower than the US median of $74,580. The local unemployment rate is 3.9%, 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, Laconia has a cost of living index of 97 versus the US average of 100, meaning it is 3% less expensive.

🏠 Housing

Median Home Value
$308,800
1% above avg
Zillow Home Value
$424,776
Zillow ZHVI
Median Rent
$1,180/mo
10% below avg
Zillow Rent
$1,551/mo
Zillow ZORI
Price-to-Rent Ratio
21.8x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,104
1 BR
$1,180
2 BR
$1,548
3 BR
$2,019
4 BR
$2,140
Owner-occupied 62.8%
Renter-occupied 37.3%

💰 Estimated Monthly Budget

Rent median rent
$1,180
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,794/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
20.7 min
23% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.4%

Commute Mode

Drove alone
74.5%
Carpooled
12.3%
Public transit
0.3%
Walked
2.4%
Bicycle
0.2%
Work from home
9.4%

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
$68,427
8% below avg
Per Capita Income
$42,679
Unemployment Rate
3.9%
20% below avg
Poverty Rate
12.1%
Labor Force Participation
61.6%

🎓 Education

Bachelor's degree+ 17.0%
Graduate degree 8.3%

👥 Demographics

Median Age 44.9
Male median age 43.8
Female median age 47.1

🌤 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

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 35 — Good
84.9%
Good air days/yr
105
Max AQI recorded
218
PM2.5 days
147
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

77%
4-Year Graduation Rate
13.4:1
Student-teacher ratio
5
Public schools
1,973
Total enrollment

Frequently Asked Questions

What is the cost of living in Laconia, NH?

Laconia has a cost index of 97 (100 = national average). It is 3% below the national average.

What is average rent in Laconia, NH?

The median gross rent in Laconia is $1,180 per month based on 2023 Census data.

What is the average home price in Laconia?

The median home value in Laconia is $308,800 according to Zillow and Census data.

What is the median income in Laconia?

The median household income in Laconia is $68,427 per year (2023 ACS 5-year estimates).

What is the sales tax in Laconia, NH?

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

Is Laconia, NH affordable?

Laconia is near the national average in terms of cost of living, with an index of 97 (100 = US average).

What is the weather like in Laconia?

Laconia 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.

Laconia at a Glance

Population
16,982
Median Income
$68,427
Home Value
$308,800
Median Rent
$1,180/mo
Unemployment
3.9%
Avg High Temp
58.3°F
Sales Tax
0.0%
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