Cost of Living in Merrimack, NH

Population 27,656 · New Hampshire · Data vintage 2023

136
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Merrimack lands reasonably close to national benchmarks on most cost indicators, with a median home value of $407,000 — 34% above the US figure. That makes it a useful reference point for comparing with more extreme markets in New Hampshire. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Geographically, Merrimack sits roughly 10 miles southwest of Manchester. Median home values run roughly 21% higher than Manchester's $336,000.

Cost Overview

Housing 134
Rent 138

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

About the Cost of Living in Merrimack

The median home value in Merrimack is $407,400 — 34% above the national median of $305,000. Median rent runs $1,819/month, 38% higher than the national median of $1,314/month. The median household income of $129,302/year is 73% 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, Merrimack has a cost of living index of 136 versus the US average of 100, meaning it is 36% more expensive.

🏠 Housing

Median Home Value
$407,400
34% above avg
Median Rent
$1,819/mo
38% above avg
Price-to-Rent Ratio
18.7x
Favors buying
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 89.1%
Renter-occupied 10.9%

💰 Estimated Monthly Budget

Rent median rent
$1,819
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,433/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
26.7 min
1% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.1%

Commute Mode

Drove alone
72.9%
Carpooled
5.9%
Public transit
0.2%
Walked
0.8%
Work from home
18.1%

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
$129,302
73% above avg
Per Capita Income
$56,707
Unemployment Rate
2.0%
59% below avg
Poverty Rate
3.4%
Labor Force Participation
58.6%

🎓 Education

Bachelor's degree+ 30.1%
Graduate degree 18.9%

👥 Demographics

Median Age 41.6
Male median age 40.8
Female median age 41.9

🌤 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 Merrimack, NH?

Merrimack has a cost index of 136 (100 = national average). It is 36% above the national average.

What is average rent in Merrimack, NH?

The median gross rent in Merrimack is $1,819 per month based on 2023 Census data.

What is the average home price in Merrimack?

The median home value in Merrimack is $407,400 according to 2023 Census ACS data.

What is the median income in Merrimack?

The median household income in Merrimack is $129,302 per year (2023 ACS 5-year estimates).

What is the sales tax in Merrimack, NH?

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

Is Merrimack, NH affordable?

Merrimack is above average in cost of living, with an index of 136 — about 36% higher than the national average.

What is the weather like in Merrimack?

Merrimack 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.

Merrimack at a Glance

Population
27,656
Median Income
$129,302
Home Value
$407,400
Median Rent
$1,819/mo
Unemployment
2.0%
Avg High Temp
59.8°F
Sales Tax
0.0%
View all cities in New Hampshire →
🗺️ County data for New Hampshire

Explore county-level cost of living data

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