Suncook 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.
IndexSuncookNew HampshireNational
Cost of living index117122100
IndexSuncookNew HampshireNational
Goods & Services index122122100
Groceries index117117100
Health care index115115100
Housing index110127100
Transportation index107107100
Utilities index128128100
An overview of the general cost of living index for Suncook, NH is displayed above for your reference. Residents in Suncook, NH enjoy a cost of living index of 117. This index is 4% lower than the New Hampshire average, and 17% 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 Suncook, 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 Suncook is 4% lower than the New Hampshire average.
  • The cost of living in Suncook is 17% higher than the national average.
  • The cost of housing in Suncook is 10% 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.

Find Real Estate Listings In Suncook

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Suncook

Compare Suncook, 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
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is used in order to provide a comparison of your current salary in Suncook, 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 Suncook, NH, you would have to earn a higher income to maintain a standard of living that is similar. To get started with the Suncook, 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$77,500$6,458$1,808$2,325
Renters$24,053$2,004$561$722
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Suncook, NH, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Suncook, NH has a median income of about $77,500 for people who own homes. Based on that number, a person should spend a maximum of $1,808 on expenses related to housing. Renters have a slightly different median income, which is $24,053. Based on this average, renters should spend no more than $561 on all of their rental costs if they want to maintain a non-impoverished standard of living.

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 considering the overall cost of living expenses in Suncook, NH, it's important to take into account the sales tax for New Hampshire, as well as the rate for income tax in New Hampshire. Goods and services sold to consumers in any state have some form of sales tax. Each state has its own tax code, which means that sales tax rates vary from state to state, ranging from over 7% in some states to as low as 0% in others. The maximum surtax for New Hampshire is 0%, and the sales tax in the state of New Hampshire is 0%. Alternatively, the tax imposed on your income by the state government is known as income tax. The rate for this tax also varies from state to state, and your rate is affected by your tax bracket, which is determined by your level of income. Income tax rates might be as high as 9%, down to as low as 0%. The range for income tax rates in New Hampshire starts from 0% and goes up to 0%.

Goods & Services

ItemSuncookNational 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%

Groceries

ItemSuncookNational 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

ItemSuncookNational 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%

Housing

ItemSuncookNational avg.Difference
Home Price $209,800.00$175,700.0019.4%
Avg. Mortgage Payment $1,265.36$1,133.2311.7%
Apartment Rent $803.00$920.0012.7%

Transportation

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

Utilities

ItemSuncookNational 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%
Raymond, NH2,78911818%
Concord, NH42,51411818%
Manchester, NH110,06511919%
Suncook, NH5,01711717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Ahoskie, NC5,01789-11%
Santa Venetia, CA5,01716565%
Sissonville, WV5,01787-13%
Ayden, NC5,01891-9%
Kutztown, PA5,01699-1%
Suncook, NH5,01711717%
Source: The Suncook, NH cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.