Concord cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexConcordNew HampshireNational
Cost of living index118122100
IndexConcordNew HampshireNational
Goods & Services index122122100
Groceries index117117100
Health care index115115100
Housing index115127100
Transportation index107107100
Utilities index128128100
An overview of the general cost of living index for Concord, NH is displayed above for your reference. Residents in Concord, NH enjoy a cost of living index of 118. This index is 3% lower than the New Hampshire average, and 18% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Concord, NH, the average cost of goods and services is equal to it is in New Hampshire, and it is 22% higher than the national average.

Did you know?

  • The cost of living in Concord is 3% lower than the New Hampshire average.
  • The cost of living in Concord is 18% higher than the national average.
  • The cost of housing in Concord is 15% higher than the national average.
  • New Hampshire general sales tax is 100% lower than the national average.
  • New Hampshire state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
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The salary calculator is meant to help you compare your salary in Concord, NH to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Concord, NH, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Concord, NH salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
The affordability of the housing market in Concord, NH as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Concord, NH homeowners, the median income is $79,679. This indicates that a monthly maximum of $1,859 should be spent by homeowners on all housing related costs. Renters have a median income of $35,041. This indicates that renters should have a maximum of $818 used for their rent related monthly costs.

New Hampshire Sales Tax

StateGeneral Sales TaxWith Max Surtax
New Hampshire0%0%

New Hampshire Income Tax

StateIncome Tax (Low)Income Tax (High)
New Hampshire0%0%
When assessing the complete cost of living in Concord, NH, the New Hampshire income tax and the New Hampshire sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The New Hampshire maximum surtax is 0%, and the New Hampshire sales tax is 0%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 0% in New Hampshire.

Goods & Services

ItemConcordNational avg.Difference
Haircut $19.17$15.5623.2%
Beauty Salon $39.47$36.119.3%
Toothpaste $4.22$2.4770.8%
Shampoo $1.08$0.9611.6%
Movie $10.96$10.138.2%
Bowling $4.79$4.741.1%


ItemConcordNational avg.Difference
Ground Beef $5.05$3.9826.8%
Fried Chicken $1.51$1.417.5%
Milk $3.28$2.0658.9%
Potatoes $3.59$2.9820.4%
Pizza $12.08$9.4727.5%
Beer $9.69$8.7910.2%

Health Care

ItemConcordNational avg.Difference
Optometrist $102.97$101.041.9%
Doctor $146.83$107.4436.7%
Dentist $104.98$90.4216.1%
Ibuprofen $9.32$9.280.5%
Lipitor $409.35$426.504.0%


ItemConcordNational avg.Difference
Home Price $210,800.00$175,700.0020.0%
Avg. Mortgage Payment $1,265.36$1,133.2311.7%
Apartment Rent $961.00$920.004.5%


ItemConcordNational avg.Difference
Gasoline $2.02$1.991.2%
Tire Balancing $54.27$45.7618.6%


ItemConcordNational avg.Difference
All Electricity$212.11$163.8129.5%
Phone $36.25$28.3927.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
Pittsfield, NH1,73311212%
Loudon, NH58511515%
Warner, NH48411717%
Suncook, NH5,01711717%
Hooksett, NH4,11211919%
Concord, NH42,51411818%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Burke, VA42,52815454%
Cutler Bay, FL42,5731066%
Coachella, CA42,5761033%
Catonsville, MD42,43712424%
Fairfield, OH42,64393-7%
Concord, NH42,51411818%
Source: The Concord, NH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.