Hooksett, NH Cost Of Living
Cost Of Living In Hooksett, NH Summary
Cost of living in Hooksett research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Hooksett is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in New Hampshire, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Hooksett is 120, with 100 being the average.
The cost of living index in Hooksett is 1.2x higher than the national average.
Hooksett ranks as the #13 cheapest in New Hampshire out of 26.
Hooksett ranks as the #4,411 cheapest out of 6,489 in the US.
The median home value in Hooksett is $519,048.
The median income in Hooksett is $91,005.
Table Of Contents
Hooksett's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Hooksett, NH?
According to the most recent data on the cost of living, Hooksett has an overall cost of living index of 120, which is 1.2x higher than the national index of 100.
Compared to New Hampshire, Hooksett has a cost of living index that's 1.0x higher than New Hampshire's index of 116.
The standard of living in Hooksett ranks as #13 most affordable out of the 26 places we measured in New Hampshire. By definition, that implies Hooksett ranks as the #13 most expensive place in the Granite State.
For more reading on life in Hooksett, check out:
In New Hampshire
In America
Hooksett Cost Of Living Vs. New Hampshire
Six factors go into calculating the cost of living index in Hooksett. Here is how it fairs on each of the criteria:
The Services index in Hooksett is 120.
The Groceries index in Hooksett is 101.
The Health index in Hooksett is 114.
The Housing index in Hooksett is 136.
The Transportation index in Hooksett is 111.
The Utilities index in Hooksett is 130.
| Living Expense | Hooksett | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 120 | 116 | 100 | |
| Services | 120 | 118 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 114 | 114 | 100 | |
| Housing | 136 | 122 | 100 | |
| Transportation | 111 | 110 | 100 | |
| Utilities | 130 | 132 | 100 | |
Hooksett, NH Housing Cost Breakdown
Housing swings affordability the most between places in New Hampshire, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Hooksett is $519,048.
The Median Rent in Hooksett is $1,829.
The Median Income in Hooksett is $91,005.
The Home Value To Income in Hooksett is 5.7x.
The Rent To Monthly Income in Hooksett is 0.24x.
| Statistic | Hooksett | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $519,048 | $501,649 | $303,400 |
| Median Rent | $1,829 | $1,423 | $1,348 |
| Median Income | $91,005 | $95,628 | $78,538 |
| Home Value To Income | 5.7x | 5.2x | 3.9x |
| Rent To Monthly Income | 0.24x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Hooksett, NH Costs By Category
Detailed Hooksett Services Costs Vs. New Hampshire
| Item | Hooksett | New Hampshire |
|---|---|---|
| Shampoo | $1.25 | $1.28 |
| Movie | $13.07 | $12.13 |
| Bowling | $25.44 | $18 |
| Haircut | $26.58 | $24.26 |
| Beauty Salon | $67.97 | $45.56 |
Detailed Hooksett Groceries Costs Vs. New Hampshire
| Item | Hooksett | New Hampshire |
|---|---|---|
| Ground Beef | $5.47 | $5.84 |
| Fried Chicken | $1.44 | $1.57 |
| Milk | $4.75 | $4.67 |
| Potatoes | $5.01 | $4.93 |
| Pizza | $11.66 | $12.09 |
| Beer | $9.82 | $10.41 |
| Toothpaste | $3.73 | $3.7 |
Detailed Hooksett Health Costs Vs. New Hampshire
| Item | Hooksett | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Hooksett Transportation Costs Vs. New Hampshire
| Item | Hooksett | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Hooksett Utilities Costs Vs. New Hampshire
| Item | Hooksett | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Hooksett SnackAbility
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Cost Of Living In Cities Around Hooksett
The cost of living varies in the cities and towns around Hooksett. Here's a quick look at the cost of living in the most populous nearby places:
Manchester, NH has a cost of living index of 118, 1.0x Hooksett.
Concord, NH has a cost of living index of 117, 1.0x Hooksett.
Derry, NH has a cost of living index of 121, 1.0x Hooksett.
| City | Population | Cost Of Living | Vs. Hooksett |
|---|---|---|---|
| Manchester, NH | 115,415 | 118 | 1.0x |
| Concord, NH | 44,219 | 117 | 1.0x |
| Derry, NH | 21,668 | 121 | 1.0x |
| Londonderry, NH | 12,307 | 132 | 1.1x |
| South Hooksett, NH | 5,806 | 123 | 1.0x |
