Hudson 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.
IndexHudsonNew HampshireNational
Cost of living index118119100
IndexHudsonNew HampshireNational
Goods & Services index117117100
Groceries index103103100
Health care index116116100
Housing index125127100
Transportation index106106100
Utilities index137137100
An overview of the general cost of living index for Hudson, NH is displayed above for your reference. Residents in Hudson, NH enjoy a cost of living index of 118. This index is 1% 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 Hudson, NH, the average cost of goods and services is equal to it is in New Hampshire, and it is 17% higher than the national average.

Did you know?

  • The cost of living in Hudson is 1% lower than the New Hampshire average.
  • The cost of living in Hudson is 18% higher than the national average.
  • The cost of housing in Hudson is 25% 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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Compare Hudson, NH Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
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Groceries index
Health care index
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Transportation index
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The salary calculator is used in order to provide a comparison of your current salary in Hudson, NH to another city of your choice. The calculator will inform you of what your salary needs to be in any specific city in order for you to maintain your living standard based on what the city’s cost of living is. As an example, if you are seeking to move to a city that has a higher cost of living compared to Hudson, NH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Hudson, NH salary calculator, input the new city’s name and then move the slider to indicate your current income. The salary calculator will now process the numbers and show you whether you need to earn more or less in the chosen city. A comprehensive breakdown of the cost of living will also be shown.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$72,500$6,042$1,692$2,175
Renters$50,114$4,176$1,169$1,504
If you want to find a good determining factor for the cost of living and the general affordability of housing in Hudson, NH, all you must look at is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Hudson, NH, the median monthly income is $72,500 for those who own their own homes. Under the standard rule, that income level would allow for $1,692 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $50,114, per the median income in the area. That would allow for renters to spend up to $1,169 on monthly rental expenses.

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%
One thing to keep in mind when considering the cost of living in Hudson, NH is the New Hampshire sales tax and New Hampshire income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The New Hampshire sales tax rate is 0% and the maximum surtax that can be charged is 0%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The New Hampshire income tax rates range from 0% to 0%.

Goods & Services

ItemHudsonNational avg.Difference
Haircut $16.88$14.5915.7%
Beauty Salon $41.47$34.6819.6%
Toothpaste $2.32$2.476.2%
Shampoo $1.00$1.022.2%
Movie $10.20$9.873.4%
Bowling $4.62$4.395.2%

Groceries

ItemHudsonNational avg.Difference
Ground Beef $3.76$4.4816.0%
Fried Chicken $1.56$1.466.6%
Milk $2.21$2.366.2%
Potatoes $2.98$3.062.7%
Pizza $8.68$9.246.1%
Beer $9.07$8.635.1%

Health Care

ItemHudsonNational avg.Difference
Optometrist $100.39$99.780.6%
Doctor $149.18$105.0342.0%
Dentist $104.81$88.7018.2%
Ibuprofen $9.68$9.412.8%
Lipitor $277.44$298.507.1%

Housing

ItemHudsonNational avg.Difference
Home Price $226,200.00$175,700.0028.7%
Avg. Mortgage Payment $1,260.97$1,081.0316.6%
Apartment Rent $1,057.00$920.0014.9%

Transportation

ItemHudsonNational avg.Difference
Gasoline $2.28$2.099.0%
Tire Balancing $44.74$45.291.2%

Utilities

ItemHudsonNational avg.Difference
All Electricity$243.35$170.8042.5%
Phone $36.25$28.2628.3%
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.
Townsend, MA1,22711414%
Derry, NH22,12911616%
Lawrence, MA77,36412323%
Lowell, MA108,49112525%
Milford, NH8,97011818%
Hudson, NH7,72511818%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Brooksville, FL7,72581-19%
Lacombe, LA7,72694-6%
Maryville, IL7,7271011%
Hawthorn Woods, IL7,72715757%
Hooper, UT7,72011515%
Hudson, NH7,72511818%
Source: The Hudson, NH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.