Laconia, NH Cost Of Living
Cost Of Living In Laconia, NH Summary
Cost of living in Laconia 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 Laconia 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 Laconia is 113, with 100 being the average.
The cost of living index in Laconia is 1.1x higher than the national average.
Laconia ranks as the #6 cheapest in New Hampshire out of 26.
Laconia ranks as the #3,948 cheapest out of 6,489 in the US.
The median home value in Laconia is $427,529.
The median income in Laconia is $68,427.
Table Of Contents
Laconia's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Laconia, NH?
According to the most recent data on the cost of living, Laconia has an overall cost of living index of 113, which is 1.1x higher than the national index of 100.
Compared to New Hampshire, Laconia has a cost of living index that's 1.0x lower than New Hampshire's index of 116.
The standard of living in Laconia ranks as #6 most affordable out of the 26 places we measured in New Hampshire. By definition, that implies Laconia ranks as the #20 most expensive place in the Granite State.
For more reading on life in Laconia, check out:
In New Hampshire
In America
Laconia Cost Of Living Vs. New Hampshire
Six factors go into calculating the cost of living index in Laconia. Here is how it fairs on each of the criteria:
The Services index in Laconia is 120.
The Groceries index in Laconia is 101.
The Health index in Laconia is 112.
The Housing index in Laconia is 106.
The Transportation index in Laconia is 112.
The Utilities index in Laconia is 129.
| Living Expense | Laconia | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 113 | 116 | 100 | |
| Services | 120 | 118 | 100 | |
| Groceries | 101 | 103 | 100 | |
| Health | 112 | 114 | 100 | |
| Housing | 106 | 122 | 100 | |
| Transportation | 112 | 110 | 100 | |
| Utilities | 129 | 132 | 100 | |
Laconia, 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 Laconia is $427,529.
The Median Rent in Laconia is $1,180.
The Median Income in Laconia is $68,427.
The Home Value To Income in Laconia is 6.2x.
The Rent To Monthly Income in Laconia is 0.21x.
| Statistic | Laconia | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $427,529 | $501,649 | $303,400 |
| Median Rent | $1,180 | $1,423 | $1,348 |
| Median Income | $68,427 | $95,628 | $78,538 |
| Home Value To Income | 6.2x | 5.2x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Laconia, NH Costs By Category
Detailed Laconia Services Costs Vs. New Hampshire
| Item | Laconia | 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 Laconia Groceries Costs Vs. New Hampshire
| Item | Laconia | 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 Laconia Health Costs Vs. New Hampshire
| Item | Laconia | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Laconia Transportation Costs Vs. New Hampshire
| Item | Laconia | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Laconia Utilities Costs Vs. New Hampshire
| Item | Laconia | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Laconia SnackAbility
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Cost Of Living In Cities Around Laconia
The cost of living varies in the cities and towns around Laconia. Here's a quick look at the cost of living in the most populous nearby places:
Dover, NH has a cost of living index of 123, 1.1x Laconia.
Durham, NH has a cost of living index of 132, 1.2x Laconia.
Exeter, NH has a cost of living index of 122, 1.1x Laconia.
| City | Population | Cost Of Living | Vs. Laconia |
|---|---|---|---|
| Dover, NH | 33,070 | 123 | 1.1x |
| Durham, NH | 10,577 | 132 | 1.2x |
| Exeter, NH | 10,138 | 122 | 1.1x |
| Franklin, NH | 8,757 | 112 | 1.0x |
| Hanover, NH | 8,520 | 155 | 1.4x |
| Kennebunk, ME | 6,008 | 122 | 1.1x |
| South Hooksett, NH | 5,806 | 123 | 1.1x |
| Newmarket, NH | 5,730 | 127 | 1.1x |
