D
Overall 6%
Goods & Services 17%
Housing 4%
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The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
IndexLaconiaNew HampshireNational
Cost of living106115100
Goods & Services117117100
Groceries104104100
Health care116116100
Housing96123100
Transportation9797100
Utilities114114100

Key findings

  • The cost of living in Laconia is 7% lower than the New Hampshire average
  • The cost of living in Laconia is 6% higher than the national average
  • Laconia housing is 4% lower than the national average
  • New Hampshire general sales tax is 100% lower than the national average
  • New Hampshire state income tax is 103% higher than the national average

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Compare Laconia, NH Cost of Living

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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
      Utilities index

      Median Income & Debt-To-Income Ratio

      Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
      Owners$73,566$6,131$1,716$2,207
      Renters$29,549$2,462$689$887
      The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Laconia, NH, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Laconia homeowners, is $73,566. This would allow for a maximum of $1,716 per month to be spent on housing costs. For renters, the median monthly income is $29,549 which would result in a maximum of $689 to be spent on rental costs.

      New Hampshire Sales Tax

      StateGeneral Sales TaxWith Max Surtax
      New Hampshire0%0%

      New Hampshire Income Tax

      StateIncome Tax (Low)Income Tax (High)
      New Hampshire5%5%

      Goods & Services

      ItemLaconiaNational avg.Difference
      Haircut $27.88$20.2737.5%
      Beauty Salon $41.83$40.393.6%
      Toothpaste $2.09$2.3611.3%
      Shampoo $1.02$1.085.2%
      Movie $9.99$10.999.1%
      Bowling $22.92$15.4947.9%

      Groceries

      ItemLaconiaNational avg.Difference
      Ground Beef $4.00$4.307.0%
      Fried Chicken $1.20$1.4014.2%
      Milk $2.62$2.2019.1%
      Potatoes $4.07$3.2226.5%
      Pizza $11.46$10.746.7%
      Beer $9.31$9.603.0%

      Health Care

      ItemLaconiaNational avg.Difference
      Optometrist $102.92$109.736.2%
      Doctor $158.77$118.3434.2%
      Dentist $129.12$100.9427.9%
      Ibuprofen $9.40$9.935.3%
      Lipitor $445.22$469.535.2%

      Housing

      ItemLaconiaNational avg.Difference
      Home Price $178,100.00$184,700.003.6%
      Avg. Mortgage Payment $1,162.78$1,229.625.4%
      Apartment Rent $888.00$949.006.4%

      Transportation

      ItemLaconiaNational avg.Difference
      Gasoline $2.46$2.719.1%
      Tire Balancing $55.59$51.867.2%

      Utilities

      ItemLaconiaNational avg.Difference
      All Electricity$215.09$170.8425.9%
      Phone $183.36$187.182.0%
      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

      CityPopulationCost of Living IndexNational Avg.
      Ashland, NH1,3621011.0%
      Franklin, NH8,4401033.3%
      Alton, NH2141044.3%
      Bristol, NH1,9461044.4%
      Belmont, NH1,7931065.7%
      Laconia, NH16,1711066.3%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Gainesville, TX16,1698713.1%
      Hillcrest Heights, MD16,1781098.6%
      Wailuku, HI16,17915958.9%
      Lebanon, OR16,1621032.7%
      Americus, GA16,1858415.9%
      Laconia, NH16,1711066.3%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.