Nashua, NH Cost Of Living
Cost Of Living In Nashua, NH Summary
Cost of living in Nashua 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 Nashua 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 Nashua is 126, with 100 being the average.
The cost of living index in Nashua is 1.3x higher than the national average.
Nashua ranks as the #20 cheapest in New Hampshire out of 26.
Nashua ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Nashua is $494,998.
The median income in Nashua is $92,457.
Table Of Contents
Nashua's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Nashua, NH?
According to the most recent data on the cost of living, Nashua has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to New Hampshire, Nashua has a cost of living index that's 1.1x higher than New Hampshire's index of 116.
The standard of living in Nashua ranks as #20 most affordable out of the 26 places we measured in New Hampshire. By definition, that implies Nashua ranks as the #6 most expensive place in the Granite State.
For more reading on life in Nashua, check out:
In New Hampshire
In America
Nashua Cost Of Living Vs. New Hampshire
Six factors go into calculating the cost of living index in Nashua. Here is how it fairs on each of the criteria:
The Services index in Nashua is 120.
The Groceries index in Nashua is 102.
The Health index in Nashua is 114.
The Housing index in Nashua is 145.
The Transportation index in Nashua is 109.
The Utilities index in Nashua is 130.
| Living Expense | Nashua | New Hampshire | National Average | |
|---|---|---|---|---|
| Overall | 126 | 116 | 100 | |
| Services | 120 | 118 | 100 | |
| Groceries | 102 | 103 | 100 | |
| Health | 114 | 114 | 100 | |
| Housing | 145 | 122 | 100 | |
| Transportation | 109 | 110 | 100 | |
| Utilities | 130 | 132 | 100 | |
Nashua, 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 Nashua is $494,998.
The Median Rent in Nashua is $1,652.
The Median Income in Nashua is $92,457.
The Home Value To Income in Nashua is 5.4x.
The Rent To Monthly Income in Nashua is 0.21x.
| Statistic | Nashua | New Hampshire | United States |
|---|---|---|---|
| Median Home Value | $494,998 | $501,649 | $303,400 |
| Median Rent | $1,652 | $1,423 | $1,348 |
| Median Income | $92,457 | $95,628 | $78,538 |
| Home Value To Income | 5.4x | 5.2x | 3.9x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Nashua, NH Costs By Category
Detailed Nashua Services Costs Vs. New Hampshire
| Item | Nashua | 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 Nashua Groceries Costs Vs. New Hampshire
| Item | Nashua | 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 Nashua Health Costs Vs. New Hampshire
| Item | Nashua | New Hampshire |
|---|---|---|
| Optometrist | $115.0 | $125.68 |
| Doctor | $164.0 | $135.78 |
| Dentist | $136.17 | $113.29 |
Detailed Nashua Transportation Costs Vs. New Hampshire
| Item | Nashua | New Hampshire |
|---|---|---|
| Gasoline | $3.33 | $3.46 |
| Tire Balancing | $86.0 | $59.92 |
Detailed Nashua Utilities Costs Vs. New Hampshire
| Item | Nashua | New Hampshire |
|---|---|---|
| All Electricity | $294.4 | $193.99 |
| Phone | $186.72 | $192.25 |
Nashua SnackAbility
/10
Cost Of Living In Cities Around Nashua
The cost of living varies in the cities and towns around Nashua. Here's a quick look at the cost of living in the most populous nearby places:
Lowell, MA has a cost of living index of 129, 1.0x Nashua.
Lawrence, MA has a cost of living index of 129, 1.0x Nashua.
Derry, NH has a cost of living index of 121, 1.0x Nashua.
| City | Population | Cost Of Living | Vs. Nashua |
|---|---|---|---|
| Lowell, MA | 114,799 | 129 | 1.0x |
| Lawrence, MA | 88,297 | 129 | 1.0x |
| Derry, NH | 21,668 | 121 | 1.0x |
| Londonderry, NH | 12,307 | 132 | 1.0x |
| Andover, MA | 9,261 | 159 | 1.3x |
| Milford, NH | 8,857 | 123 | 1.0x |
| Hudson, NH | 7,105 | 118 | 0.9x |
| Pinehurst, MA | 6,737 | 149 | 1.2x |
| South Hooksett, NH | 5,806 | 123 | 1.0x |
