Cost of Living in Milton, NH

Population 4,531 · New Hampshire · Data vintage 2023

102
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Milton a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $288,000.

Located 40 miles northeast of Manchester, Milton falls within that metro's commuting orbit. Median home values run roughly 14% lower than Manchester's $336,000.

Cost Overview

Housing 94
Rent 114

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

About the Cost of Living in Milton

The median home value in Milton is $287,700 — 6% below the national median of $305,000. Median rent runs $1,503/month, 14% higher than the national median of $1,314/month. The median household income of $99,750/year is 34% 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 57.8°F and lows of 37.6°F. Overall, Milton has a cost of living index of 102 versus the US average of 100, meaning it is 2% more expensive.

🏠 Housing

Median Home Value
$287,700
6% below avg
Median Rent
$1,503/mo
14% above avg
Price-to-Rent Ratio
16.0x
Favors buying
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 84.4%
Renter-occupied 15.6%

💰 Estimated Monthly Budget

Rent median rent
$1,503
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,117/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
31.3 min
16% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
18.6%

Commute Mode

Drove alone
71.4%
Carpooled
9.6%
Walked
0.4%
Work from home
18.6%

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
$99,750
34% above avg
Per Capita Income
$41,049
Unemployment Rate
3.4%
29% below avg
Poverty Rate
7.2%
Labor Force Participation
58.5%

🎓 Education

Bachelor's degree+ 14.9%
Graduate degree 3.8%

👥 Demographics

Median Age 45.7
Male median age 43.5
Female median age 46.4

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
57.8°F
Avg Low
37.6°F
Annual Precip
41.2"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 333544576777828173604837
Low °F 151725354554605850393122
Precip" 2.532.223.723.673.523.863.523.173.434.393.893.30

🏫 Schools

NCES CCD 2019 — public school district data

84%
4-Year Graduation Rate
11.2:1
Student-teacher ratio
3
Public schools
505
Total enrollment

Frequently Asked Questions

What is the cost of living in Milton, NH?

Milton has a cost index of 102 (100 = national average). It is 2% above the national average.

What is average rent in Milton, NH?

The median gross rent in Milton is $1,503 per month based on 2023 Census data.

What is the average home price in Milton?

The median home value in Milton is $287,700 according to 2023 Census ACS data.

What is the median income in Milton?

The median household income in Milton is $99,750 per year (2023 ACS 5-year estimates).

What is the sales tax in Milton, NH?

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

Is Milton, NH affordable?

Milton is near the national average in terms of cost of living, with an index of 102 (100 = US average).

What is the weather like in Milton?

Milton has average high temperatures of 57.8°F and average lows of 37.6°F. Annual precipitation is 41.2". Data from NOAA 1991–2020 Climate Normals.

Milton at a Glance

Population
4,531
Median Income
$99,750
Home Value
$287,700
Median Rent
$1,503/mo
Unemployment
3.4%
Avg High Temp
57.8°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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