| Index | Claremont | New Hampshire | National |
| Cost of living | 97 | 110 | 100 |
| Groceries | 104 | 103 | 100 |
| Health care | 105 | 104 | 100 |
| Housing | 83 | 125 | 100 |
| Transportation | 104 | 103 | 100 |
| Utilities | 105 | 106 | 100 |
| Lifestyle & Entertainment | 101 | 103 | 100 |
| Household Items | 102 | 102 | 100 |
| Education & Childcare | 101 | 105 | 100 |

The cost of living in Claremont affects the quality of life one can afford in this new location. It allows people to assess whether they can maintain their preferred lifestyle, including housing, leisure activities and dining options. Your total monthly expenditures can varry depending on the area, as well as many other factors. The cost of living in Claremont is 97, which is 3% lower than the national average. Knowledge of the cost of living can help individuals make informed decisions about retirement savings, investments, and financial goals.
Everyday expenditures like food, housing, lifestyle expenses, transportation and health care in Claremont are priced in a manner consistent with other areas. This means that residents of Claremont can anticipate their daily expenses remaining reasonably similar to those in an average city, thereby supporting a manageable cost of living.
The real experts on a city are its residents. That's why we reached out to 6 locals to get their views on the cost of living in Claremont. We surveyed the residents and asked them if they felt like prices were affordable or out of reach. The results were as follows. 50% found it budget-friendly with decreasing prices, while 50% said it's simply not affordable as prices have continued to rise.
Is Claremont affordable? This is a pivotal question, especially when mulling over a move, as affordability carries substantial weight in your decision-making process. Factors such as the cost of living index (discussed earlier), housing expenses and income levels all contribute to a location's affordability. For instance, in Claremont, the median home price is 25.2% lower than the national average and monthly rent prices are 1.7% higher than the typical rates. Additionally, the median income levels play a role in affordability, with Claremont boasting a median household income of $69,632, 14.4% lower than the national average.
Housing: When there's a high demand for housing in trendy places, it can cause property prices and rental rates to soar, leading to a significantly higher cost of living. Conversely, in less desirable locations, where demand is low, prices tend to decrease, resulting in a more budget-friendly cost of living. In Claremont, the housing index is 17.1% lower than the national average.
Healthcare: Healthcare expenditures and insurance premium rates can vary significantly, contingent upon the particular city or state. Factors such as the accessibility of healthcare facilities, out-of-pocket expenses for doctor's appointments, dental care charges, prescription medication costs, and expenses related to specialized medical care can all have an impact on the overall cost of living. In Claremont, healthcare costs are 5.1% higher than the national average.
Subsidies: Certain cities or states may implement government subsidies or assistance programs with the goal of alleviating the cost of living pressures on their residents. These programs encompass a broad spectrum of support mechanisms, including Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas offering fewer subsidies may experience a rise in their cost of living.
The cost of living data for Claremont shown above is based on a U.S. average baseline score of 100, making it easier to compare how far your dollar may go from one city to another. Housing uses U.S. Census home price and rental data, while all remaining values are AI-assisted estimates informed by regional pricing, climate, transportation dynamics, and local economic factors. These scores are best used for directional comparisons between cities.
| Cost of living index | |
| Groceries index | |
| Health care index | |
| Housing index | |
| Transportation index | |
| Utilities index | |
| Lifestyle index | |
| Household index | |
| Educare index |
| Median Income | Per Year | Per Month | Max Budget (28% DTI) | Max Budget (36% DTI) |
| Owners | $93,109 | $7,759 | $2,172 | $2,794 |
| Renters | $45,968 | $3,831 | $1,073 | $1,379 |
| State | General Sales Tax | With Max Surtax |
| New Hampshire | 0% | 0% |
| State | Income Tax (Low) | Income Tax (High) |
| New Hampshire | 4% | 4% |
| City | Population | Cost of Living Index | National Avg. |
| Charlestown, NH | 970 | 92 | 8.4% |
| Springfield, VT | 4,179 | 95 | 5.0% |
| North Springfield, VT | 758 | 96 | 3.9% |
| Ascutney, VT | 394 | 97 | 3.1% |
| Windsor, VT | 2,101 | 97 | 2.8% |
| Claremont, NH | 13,298 | 97 | 2.8% |
| City | Population | Cost of Living Index | National Avg. |
| Ridgefield Park, NJ | 13,298 | 133 | 32.6% |
| Lindsay, CA | 13,296 | 110 | 10.0% |
| Saint-Amable, QC | 13,300 | n/a | |
| West Carrollton, OH | 13,301 | 87 | 13.1% |
| Cedar Lake, IN | 13,302 | 97 | 2.7% |
| Claremont, NH | 13,298 | 97 | 2.8% |