Cost of Living in Walpole, NH

Population 3,671 · New Hampshire · Data vintage 2023

88
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Walpole is a smaller New Hampshire community of around 4000 residents, where median household incomes of $76,875 and housing costs ($279,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape. The labor market has been unusually tight, with unemployment around 1.6% — below most comparable cities in the state.

Walpole is about 50 miles west 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 17% lower than Manchester's $336,000.

Cost Overview

Housing 91
Rent 83

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

About the Cost of Living in Walpole

The median home value in Walpole is $278,800 — 9% below the national median of $305,000. Median rent runs $1,095/month, 17% lower than the national median of $1,314/month. The median household income of $76,875/year is 3% higher than the US median of $74,580. The local unemployment rate is 1.6%, 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 56.5°F and lows of 34.6°F. Overall, Walpole has a cost of living index of 88 versus the US average of 100, meaning it is 12% less expensive.

🏠 Housing

Median Home Value
$278,800
9% below avg
Median Rent
$1,095/mo
17% below avg
Price-to-Rent Ratio
21.2x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,061
1 BR
$1,180
2 BR
$1,548
3 BR
$2,013
4 BR
$2,052
Owner-occupied 67.9%
Renter-occupied 32.1%

💰 Estimated Monthly Budget

Rent median rent
$1,095
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,709/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
24.4 min
10% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
8.8%

Commute Mode

Drove alone
84.4%
Carpooled
5.8%
Work from home
8.8%

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
$76,875
3% above avg
Per Capita Income
$44,748
Unemployment Rate
1.6%
67% below avg
Poverty Rate
13.2%
Labor Force Participation
47.5%

🎓 Education

Bachelor's degree+ 21.9%
Graduate degree 9.3%

👥 Demographics

Median Age 44.7
Male median age 43.4
Female median age 49.5

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
56.5°F
Avg Low
34.6°F
Annual Precip
40.3"
10° 30° 50° 70° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 303342566876818072594635
Low °F 111321324352575548372818
Precip" 2.802.232.983.353.493.783.863.563.614.163.343.17

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 41 — Good
69.7%
Good air days/yr
125
Max AQI recorded
214
PM2.5 days
149
Ozone days

Frequently Asked Questions

What is the cost of living in Walpole, NH?

Walpole has a cost index of 88 (100 = national average). It is 12% below the national average.

What is average rent in Walpole, NH?

The median gross rent in Walpole is $1,095 per month based on 2023 Census data.

What is the average home price in Walpole?

The median home value in Walpole is $278,800 according to 2023 Census ACS data.

What is the median income in Walpole?

The median household income in Walpole is $76,875 per year (2023 ACS 5-year estimates).

What is the sales tax in Walpole, NH?

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

Is Walpole, NH affordable?

Yes, Walpole is generally considered affordable, with a cost of living index of 88 — about 12% below the US national average of 100.

What is the weather like in Walpole?

Walpole has average high temperatures of 56.5°F and average lows of 34.6°F. Annual precipitation is 40.3". Data from NOAA 1991–2020 Climate Normals.

Walpole at a Glance

Population
3,671
Median Income
$76,875
Home Value
$278,800
Median Rent
$1,095/mo
Unemployment
1.6%
Avg High Temp
56.5°F
Sales Tax
0.0%
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🗺️ County data for New Hampshire

Explore county-level cost of living data

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