For a more detailed breakdown, here is a list of average rent prices in the five most popular New Hampshire cities, including Dover, Portsmouth, Amherst, Concord, and Manchester.
New Hampshire Housing Costs.
| City | Average 1-Bedroom Rent | Average 2-Bedroom Rent |
|---|---|---|
| Manchester, NH | $1,487 | $1,700 |
Is rent expensive in New Hampshire?
No matter where you live in New Hampshire, rents are rising. Statewide, the median rent for a two-bedroom apartment is just shy of $1,500. That figure jumped by about 6% last year and about 24% in the last five years, according to New Hampshire Housing. But some parts of the state have seen even sharper increases.
How much does it cost to live in New Hampshire?
Average Cost of Living in New Hampshire: $51,760 per year
If you’re considering relocating to this New England state, the cost of living could affect your monthly budget. According to MERIC data gathered in the third quarter of 2021, New Hampshire has the 38th lowest cost of living in the country.
Why is rent so high in NH?
“In turn, the lack of inventory of affordable homes to purchase means that many would-be home buyers continue to rent because of a scarcity of homes in their price range. The lack of for-sale inventory adds pressure to rental costs in New Hampshire.”
What state is the cheapest state to rent?
Cheapest State for Rent in the US
The least expensive state for rent is West Virginia with an average rent price of $800.
What is minimum wage in NH?
That is why I was proud to once again introduce legislation to raise the minimum wage. SB 203 is simple — incrementally increase New Hampshire’s minimum wage between September of 2022 to July of 2024 from $10 per hour, $12 per hour, and finally $15 per hour.
What is a good salary in New Hampshire?
Average Salary in New Hampshire
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $102,566 | $49 |
| 75th Percentile | $76,925 | $37 |
| Average | $66,864 | $32 |
| 25th Percentile | $50,770 | $24 |
Is it cheap to live in NH?
New Hampshire has a cost of living that ranks slightly higher than the national average. However, compared to larger metro areas like Boston or New York, New Hampshire is relatively affordable. When looking at the cost of living in a new state, it’s common to look at the cost of housing.
What is the cheapest town to live in New Hampshire?
1. Conway. The eastern town of Conway lands at the top of our list of most affordable cities in New Hampshire.
Is food expensive in New Hampshire?
Just as food costs are higher than average in New Hampshire, so, too, are incomes. The typical family in the state earns $97,001 a year, compared to the national average of $80,069. New Hampshire residents are less likely to rely on government assistance to afford groceries than the typical American.
Is it cheaper to live in NH than Ma?
The cost of housing in NH is 25% less than MA. The cost of utilities in NH is 10% less than MA. The cost of transportation in NH is 6% less than MA. The cost of health care in NH is 4% less than MA.
Does New Hampshire have affordable housing?
Across New Hampshire, there is a shortage of rental homes affordable and available to extremely low income households (ELI), whose incomes are at or below the poverty guideline or 30% of their area median income (AMI).
Is there rent control in NH?
There is no New Hampshire statute limiting how much a landlord can raise the rent. If your landlord tries to raise your rent by an unreasonable amount, there is a legal argument that such an increase is not enforceable by a court.
Where can I live for $500 a month in USA?
Without further ado – and in no particular order – here’s what $500 per month can get you in ten affordable U.S. cities:
- Greenville, OH. Listing: Wayne Crossing.
- Wichita, KS. Listing: Eagle Creek.
- Lawton, OK. Listing: Sheridan Square Apartments.
- Amarillo, TX.
- Indianapolis, IN.
- Searcy, AR.
- Shreveport, LA.
- Jackson, MS.
What is the best state to live in financially?
The five best states for your personal finances in 2022 are (No. 1 being best): Tennessee.
- New Jersey.
- Hawaii.
- Connecticut.
- Alaska.
- Illinois.
What is the cheapest and safest state to live in?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
What state has lowest minimum wage?
Mississippi. No state minimum wage law. Employers subject to the Fair Labor Standards Act must pay the current Federal minimum wage of $7.25 per hour.
What state has highest minimum wage?
Excluding Washington, D.C.’s $15.20 hourly minimum wage, California has the highest in the country at $14 per hour. Washington and Massachusetts are close behind, with $13.69 per hour and $13.50 per hour, respectively.
Who has the highest minimum wage?
The 10 States with the Highest Minimum Wage Rates in 2022
- Maine $12.75 (tie)
- Arizona $12.80.
- New Jersey $13 (tie)
- Connecticut $13 (tie)
- New York $13.20.
- 8. California $14.
- Massachusetts $14.25.
- Washington $14.49. Washington has been a leading state when it comes to high minimum wages for quite some time.
Do you have to be rich to live in New Hampshire?
New Hampshire households must make at least $145,865 to be in state’s top 20% (The Center Square) – In New Hampshire, households must earn a minimum of $145,865 per year to be among the top one-fifth of the state’s income earners, according to a new 24/7 Wall St.
What are the most common jobs in New Hampshire?
Detailed List Of The Most Common Jobs In Manchester, NH
| Rank | Job Title | Count |
|---|---|---|
| 1 | Sales Associate | 876 |
| 2 | Cashier | 839 |
| 3 | Licensed Nursing Assistant | 709 |
| 4 | Customer Service Representative | 697 |