Cost of Living in Northwood, NH
Population 4,653 · New Hampshire · Data vintage 2023
(100 = US avg)
Northwood sits on the smaller end of the New Hampshire city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. The labor market has been unusually tight, with unemployment around 2.4% — below most comparable cities in the state.
Located 20 miles northeast of Manchester, Northwood falls within that metro's commuting orbit. Housing prices track closely with Manchester's $336,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Northwood
The median home value in Northwood is $356,100 — 17% above the national median of $305,000. Median rent runs $1,183/month, 10% lower than the national median of $1,314/month. The median household income of $117,841/year is 58% higher than the US median of $74,580. The local unemployment rate is 2.4%, 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 58.3°F and lows of 36.1°F, with about 67.7" of annual snowfall. Overall, Northwood has a cost of living index of 106 versus the US average of 100, meaning it is 6% more expensive.
Northwood has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 32 | 35 | 44 | 58 | 69 | 78 | 83 | 82 | 74 | 61 | 48 | 37 |
| Low °F | 13 | 15 | 23 | 33 | 44 | 54 | 59 | 57 | 49 | 38 | 29 | 20 |
| Precip" | 2.80 | 2.75 | 3.28 | 3.43 | 3.47 | 3.77 | 3.62 | 3.63 | 3.63 | 4.43 | 3.44 | 3.70 |
| Snow" | 17.1 | 16.9 | 13.6 | 2.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.8 | 2.5 | 14.3 |
Frequently Asked Questions
What is the cost of living in Northwood, NH?
Northwood has a cost index of 106 (100 = national average). It is 6% above the national average.
What is average rent in Northwood, NH?
The median gross rent in Northwood is $1,183 per month based on 2023 Census data.
What is the average home price in Northwood?
The median home value in Northwood is $356,100 according to 2023 Census ACS data.
What is the median income in Northwood?
The median household income in Northwood is $117,841 per year (2023 ACS 5-year estimates).
What is the sales tax in Northwood, NH?
The combined state and local sales tax rate in Northwood is 0.0%. New Hampshire has no state income tax.
Is Northwood, NH affordable?
Northwood is near the national average in terms of cost of living, with an index of 106 (100 = US average).
What is the weather like in Northwood?
Northwood 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.
Northwood at a Glance
- Population
- 4,653
- Median Income
- $117,841
- Home Value
- $356,100
- Median Rent
- $1,183/mo
- Unemployment
- 2.4%
- Avg High Temp
- 58.3°F
- Sales Tax
- 0.0%
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New Hampshire Rankings
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