F
Overall 16%
Goods & Services 17%
Housing 29%
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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.
IndexSouth HooksettNew HampshireNational
Cost of living116115100
Goods & Services117117100
Groceries104104100
Health care116116100
Housing129123100
Transportation9797100
Utilities114114100

Key findings

  • The cost of living in South Hooksett is 1% higher than the New Hampshire average
  • The cost of living in South Hooksett is 16% higher than the national average
  • South Hooksett housing is 29% higher 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 South Hooksett, 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$100,192$8,349$2,338$3,006
      Renters$50,568$4,214$1,180$1,517
      The affordability of the housing market in South Hooksett, NH as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among South Hooksett homeowners, the median income is $100,192. This indicates that a monthly maximum of $2,338 should be spent by homeowners on all housing related costs. Renters have a median income of $50,568. This indicates that renters would have a maximum of $1,180 for their rent related monthly 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

      ItemSouth HooksettNational 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

      ItemSouth HooksettNational 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

      ItemSouth HooksettNational 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

      ItemSouth HooksettNational avg.Difference
      Home Price $250,000.00$184,700.0035.4%
      Avg. Mortgage Payment $1,162.78$1,229.625.4%
      Apartment Rent $1,069.00$949.0012.6%

      Transportation

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

      Utilities

      ItemSouth HooksettNational 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.
      Suncook, NH5,1711087.5%
      East Merrimack, NH3,9201088.3%
      Concord, NH42,63411010.3%
      Manchester, NH110,23111110.9%
      Raymond, NH3,14111111.0%
      South Hooksett, NH5,95811616.2%

      Cities with similar population

      CityPopulationCost of Living IndexNational Avg.
      Air Force Academy, CO5,95712120.6%
      Lake Mathews, CA5,95613029.8%
      Chickasaw, AL5,9558316.7%
      Stettler, AB5,955n/a 
      Homeland Park, SC5,9528317.4%
      South Hooksett, NH5,95811616.2%
      Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.