Cost of Living in Lee, NH

Population 4,558 · New Hampshire · Data vintage 2023

121
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Lee is a smaller New Hampshire community of around 5000 residents, where median household incomes of $140,321 and housing costs ($449,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Geographically, Lee sits roughly 25 miles east of Manchester. Median home values run roughly 34% higher than Manchester's $336,000.

Cost Overview

Housing 147
Rent 81

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

About the Cost of Living in Lee

The median home value in Lee is $449,300 — 47% above the national median of $305,000. Median rent runs $1,061/month, 19% lower than the national median of $1,314/month. The median household income of $140,321/year is 88% higher than the US median of $74,580. The local unemployment rate is 3.4%, 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 57.1°F and lows of 37.0°F. Overall, Lee has a cost of living index of 121 versus the US average of 100, meaning it is 21% more expensive.

🏠 Housing

Median Home Value
$449,300
47% above avg
Median Rent
$1,061/mo
19% below avg
Price-to-Rent Ratio
35.3x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,475
1 BR
$1,517
2 BR
$1,961
3 BR
$2,429
4 BR
$2,749
Owner-occupied 95.1%
Renter-occupied 4.9%

💰 Estimated Monthly Budget

Rent median rent
$1,061
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,675/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
32.2 min
19% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
21.2%

Commute Mode

Drove alone
68.8%
Carpooled
8.2%
Public transit
0.1%
Walked
1.7%
Work from home
21.2%

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
$140,321
88% above avg
Per Capita Income
$65,004
Unemployment Rate
3.4%
30% below avg
Poverty Rate
2.3%
Labor Force Participation
50.3%

🎓 Education

Bachelor's degree+ 23.0%
Graduate degree 30.2%

👥 Demographics

Median Age 42.6
Male median age 43.8
Female median age 37.7

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.1°F
Avg Low
37.0°F
Annual Precip
47.8"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 323643556675818072604838
Low °F 151625344453595750393022
Precip" 3.383.524.394.203.804.283.763.433.864.793.954.47

Frequently Asked Questions

What is the cost of living in Lee, NH?

Lee has a cost index of 121 (100 = national average). It is 21% above the national average.

What is average rent in Lee, NH?

The median gross rent in Lee is $1,061 per month based on 2023 Census data.

What is the average home price in Lee?

The median home value in Lee is $449,300 according to 2023 Census ACS data.

What is the median income in Lee?

The median household income in Lee is $140,321 per year (2023 ACS 5-year estimates).

What is the sales tax in Lee, NH?

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

Is Lee, NH affordable?

Lee is above average in cost of living, with an index of 121 — about 21% higher than the national average.

What is the weather like in Lee?

Lee has average high temperatures of 57.1°F and average lows of 37.0°F. Annual precipitation is 47.8". Data from NOAA 1991–2020 Climate Normals.

Lee at a Glance

Population
4,558
Median Income
$140,321
Home Value
$449,300
Median Rent
$1,061/mo
Unemployment
3.4%
Avg High Temp
57.1°F
Sales Tax
0.0%
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Explore county-level cost of living data

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