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Rank #9 · NH

New Hampshire

No income tax, no sales tax — but New Hampshire makes up for it in property tax. Boston-commuter demand from Salem to Portsmouth keeps housing prices firmly above the national average.

Cost index
114.1
Housing index
130.1
Median home
$480K
1BR rent
$1,700
Median income
$91K
Top income tax
0%
Sales tax
0%
Avg. gas
$3.20

Cost breakdown by category

All values indexed to 100 = US average.

Housing130.1
Groceries106.2
Utilities117.8
Transportation109
Healthcare118.9

Why New Hampshire is expensive

  • 01Effective property-tax rate of ~1.93% — third-highest in the US.
  • 02Spillover housing demand from Massachusetts cross-border buyers.
  • 03Limited rental inventory in seacoast and Lakes Region towns.
  • 04High electricity rates due to ISO-NE pricing exposure.

Metro snapshots

Manchester
Largest metro; median home ~$425K.
Portsmouth
Coastal premium; median home ~$695K.
Nashua
MA-commuter favorite; median home ~$510K.

More affordable alternatives in New Hampshire

BerlinClaremontFranklin
Pro tips

Surviving New Hampshire on a budget

  • Cross the border for groceries and big-ticket purchases? You already are — NH has no sales tax.
  • Town-by-town property-tax rates vary 2–3x; check before buying.
  • Net-metering still works well for residential solar.
CostlyStates

An editorial atlas of the most expensive states to live in, updated annually with BEA, MERIC, and Census data.

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Sources
  • BEA Regional Price Parities
  • MERIC Cost of Living Index
  • US Census ACS 5-Year
  • Tax Foundation State Data
© 2026 CostlyStates. Editorial use only.Figures reflect 2024–2026 reporting periods.