| Index | Laconia | New Hampshire | National |
| Cost of living | 104 | 110 | 100 |
| Groceries | 104 | 103 | 100 |
| Health care | 105 | 104 | 100 |
| Housing | 106 | 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 |
Are you thinking about relocating, but curious about the potential cost of living in Laconia? Is it more expensive or more affordable than average? Based on the most recent report, the cost of living in Laconia stands at 104, making it 4% higher than the national average. The cost of living directly affects the affordability of one's desired lifestyle. Knowing the cost of housing, transportation, groceries and other essentials in the new area allows people to gauge whether they can maintain their preferred standard of living.
The cost of living in Laconia closely mirrors the national average in comparison to other cities nationwide. Essential items such as groceries, houshold expenses, health care and utilities are priced at a level consistent with similar urban areas. This means that residents of Laconia can anticipate that their daily expenses will remain reasonably in line with those of an average city, contributing to a manageable cost of living.
Wondering if Laconia is affordable? It's a question that often comes up when you're thinking about a new city since affordability can really shape your decisions. The cost of living index (covered earlier), housing expenses and income levels all play a part in the affordability equation. In Laconia, for example, the median home price is 7.3% higher than what folks pay nationally, and monthly rent is 3.1% higher than the usual rates. Plus, income levels matter too, with Laconia boasting a median household income of $82,938, which is 2% higher than the national average.
Utilities: Like everything else, utilities costs can range significantly depending on factors like climate, energy sources available, location and even state regulations. Things like electricity, water, heating and waste disposal costs can be higher or lower, depending on the city or state. The utilities index in Laconia comes in at 5% higher than the national average.
Subsidies: Certain cities or states may institute government subsidies or assistance programs designed to alleviate the financial burdens associated with the cost of living for their residents. These programs encompass a variety 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 farm subsidies. Areas that provide fewer subsidies may see an uptick in their overall cost of living.
Urbanization: Larger, urban areas boasting abundant amenities and robust employment prospects often exhibit a heightened cost of living, driven by the increased demand for services and residential relocation. Consequently, this leads to elevated home prices and higher rental rates. In contrast, sparsely populated rural locales or regions marked by diminished demand typically offer a more limited range of amenities and experience slower job market expansion. This translates into a more affordable cost of living.
The cost of living data for Laconia 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 | $122,359 | $10,197 | $2,855 | $3,671 |
| Renters | $57,279 | $4,773 | $1,336 | $1,719 |
| 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. |
| Alton, NH | 174 | 103 | 3.0% |
| Belmont, NH | 1,306 | 96 | 4.5% |
| Ashland, NH | 1,686 | 98 | 2.1% |
| Bristol, NH | 2,032 | 99 | 1.4% |
| Tilton Northfield, NH | 2,901 | 99 | 1.0% |
| Laconia, NH | 17,080 | 104 | 4.1% |
| City | Population | Cost of Living Index | National Avg. |
| Morganton, NC | 17,082 | 92 | 7.6% |
| Aberdeen, WA | 17,084 | 101 | 0.9% |
| Seagoville, TX | 17,072 | 97 | 3.1% |
| New Milford, NJ | 17,089 | 142 | 41.6% |
| Lemay, MO | 17,056 | 88 | 11.8% |
| Laconia, NH | 17,080 | 104 | 4.1% |
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