Cost of Living in Northfield, NH

Population 4,929 · New Hampshire · Data vintage 2023

83
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Northfield is a smaller New Hampshire community of around 5000 residents, where median household incomes of $84,552 and housing costs ($260,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Northfield is about 30 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 23% lower than Manchester's $336,000.

Cost Overview

Housing 85
Rent 79

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

About the Cost of Living in Northfield

The median home value in Northfield is $260,000 — 15% below the national median of $305,000. Median rent runs $1,038/month, 21% lower than the national median of $1,314/month. The median household income of $84,552/year is 13% higher than the US median of $74,580. The local unemployment rate is 3.3%, 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, Northfield has a cost of living index of 83 versus the US average of 100, meaning it is 17% less expensive.

🏠 Housing

Median Home Value
$260,000
15% below avg
Median Rent
$1,038/mo
21% below avg
Price-to-Rent Ratio
20.9x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,120
1 BR
$1,230
2 BR
$1,614
3 BR
$2,132
4 BR
$2,140
Owner-occupied 75.8%
Renter-occupied 24.2%

💰 Estimated Monthly Budget

Rent median rent
$1,038
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,652/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
25.9 min
4% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
6.6%

Commute Mode

Drove alone
82.4%
Carpooled
10.5%
Work from home
6.6%

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
$84,552
13% above avg
Per Capita Income
$39,277
Unemployment Rate
3.3%
32% below avg
Poverty Rate
8.6%
Labor Force Participation
57.3%

🎓 Education

Bachelor's degree+ 14.5%
Graduate degree 10.0%

👥 Demographics

Median Age 43.8
Male median age 46
Female median age 43.4

🌤 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

Frequently Asked Questions

What is the cost of living in Northfield, NH?

Northfield has a cost index of 83 (100 = national average). It is 17% below the national average.

What is average rent in Northfield, NH?

The median gross rent in Northfield is $1,038 per month based on 2023 Census data.

What is the average home price in Northfield?

The median home value in Northfield is $260,000 according to 2023 Census ACS data.

What is the median income in Northfield?

The median household income in Northfield is $84,552 per year (2023 ACS 5-year estimates).

What is the sales tax in Northfield, NH?

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

Is Northfield, NH affordable?

Yes, Northfield is generally considered affordable, with a cost of living index of 83 — about 17% below the US national average of 100.

What is the weather like in Northfield?

Northfield 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.

Northfield at a Glance

Population
4,929
Median Income
$84,552
Home Value
$260,000
Median Rent
$1,038/mo
Unemployment
3.3%
Avg High Temp
58.3°F
Sales Tax
0.0%
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