Thedailymiaminews– Known for its charming villages, lively neighborhoods, and stunning scenery, New Hampshire provides a special fusion of contemporary conveniences and rustic charm. Affordability is frequently a key factor for people wishing to relocate to the Granite State. The cheapest places to live in New Hampshire in 2024 will be examined in this post, along with comprehensive details on the cities’ names, cost of living, housing costs, and other appealing aspects.
New Hampshire is known for its vibrant communities, historic charm, and breathtaking natural beauty. It is located in the center of New England. Known as the Granite State, it provides a high standard of living together with first-rate recreational options, healthcare facilities, and educational establishments. Living expenses, however, might fluctuate greatly between areas. Finding a reasonably priced home without sacrificing quality is essential for anyone wishing to move to New Hampshire in 2024. This article offers a thorough reference to assist you in making an informed choice by highlighting the top five most affordable places to live in New Hampshire.
Selection Criteria
Several factors were taken into consideration while identifying the most affordable places to reside in New Hampshire:
- Cost of Living: Housing, groceries, transportation, medical care, and utility costs are all included in the cost of living.
- Housing Prices: The market’s general affordability, median home prices, and rental rates.
- Amenities: include the availability of leisure opportunities, cultural attractions, and necessary services.
- Quality of Life: The general well-being of inhabitants, encompassing community involvement, education, healthcare, and safety.
New Hampshire’s Top 5 Cheapest Places to Live
1. Claremont
Overview: Claremont, a small city in Sullivan County, with a strong industrial past and a friendly local population. Claremont, which is well-known for its natural beauty, provides its citizens with a fusion of metropolitan comforts and peaceful country living.
Cost of Living: Compared to the national average, Claremont’s cost of living index is almost 15% lower. Because it is affordable in many areas of daily living, it is a desirable choice for people on a tight budget.
Housing Market: Claremont’s median home price is about $175,000, which is far less than the state norm. Additionally, rental costs are reasonable; the average monthly rent for a two-bedroom apartment is about $900.
Lifestyle and Amenities: Claremont has a range of recreational opportunities, such as parks, hiking paths, and cultural landmarks like the Claremont Opera House. Additionally, the city has a number of excellent medical facilities and schools, guaranteeing its citizens a high standard of living.
2. The city of Berlin
Overview: New Hampshire’s northernmost city is Berlin, which is situated in Coos County. Berlin is a nature lover’s paradise, known for its breathtaking mountain views and outdoor recreational options.
Cost of Living: Berlin is one of the most reasonably priced cities in New Hampshire, with a cost of living that is almost 20% lower than the national average.
Housing Market: For individuals wishing to buy real estate, Berlin’s typical home price of $135,000 represents a great deal. The average monthly rent for a two-bedroom apartment is about $800, making rental pricing equally alluring.
Berlin has a variety of facilities, such as easy access to the White Mountains, neighborhood stores, and social gatherings. In addition to offering first-rate medical and educational facilities, the city boasts a strong feeling of community.
3. The island of Laconia
Overview: Laconia, a community in Belknap County, is well-known for its stunning lakes and lively activities. Laconia, the center of the Lakes Region, provides its citizens with a mix of urban conveniences and natural pursuits.
Cost of Living: Laconia is an affordable place to live with a high standard of living because its cost of living is almost 10% less than the national average.
Housing Market: Laconia’s median home price is about $250,000, which is reasonably priced considering the city’s prime location. A two-bedroom apartment typically costs $1,100 a month to rent.
Lifestyle and Amenities: Laconia is home to Lake Winnipesaukee and provides a wide range of outdoor pursuits, such as hiking, fishing, and boating. The city’s lively sense of community is further enhanced by the hosting of well-known events like the Pumpkin Festival and Laconia Motorcycle Week.
4. Franklin
Overview: Franklin, a small city in Merrimack County, has a strong feeling of community and a rich history. Franklin is a reasonably priced and quaint city that is well-known for its natural beauty and historic sites.
Cost of Living: Franklin is a cost-effective option for anyone trying to make the most of their money because its cost of living is roughly 12% cheaper than the national average.
Housing Market: The typical cost of a property in Franklin is approximately $200,000, and the average monthly rent for a two-bedroom apartment is approximately $950. Other facets of daily living, such as groceries and utilities, are also reasonably priced.
Lifestyle and attractions: Franklin provides a range of attractions, such as parks, historical landmarks, and neighborhood gatherings. Good schools and medical facilities are also located in the city, guaranteeing that its citizens have a decent standard of living.
5. The city of Rochester
Overview: The city of Rochester, which is in Strafford County, is well-known for its lively community and cultural attractions. Rochester is a reasonably priced and appealing place to live, offering a blend of small-town charm and urban conveniences.
Cost of Living: Rochester is an affordable choice for both people and families because its cost of living is roughly 8% lower than the national average.
Housing Market: A two-bedroom apartment in Rochester typically costs $1,200 a month to rent, while the median home price is about $275,000. Rochester provides great value even though it is a little more expensive than the other cities on this list.
Lifestyle and Amenities: Theaters, parks, and retail malls are just a few of Rochester’s many amenities. A strong sense of community and belonging is fostered by the city’s many community events. Rochester has excellent healthcare and education, which enhances the standard of living for its citizens.
Comparison of Cost of Living
To provide a clear picture of affordability, let’s compare the cost of living in these five cities across several key categories:
City | Median Home Price | Average Rent (2BR) | Cost of Living Index |
---|---|---|---|
Claremont | $175,000 | $900 | 85 |
Berlin | $135,000 | $800 | 80 |
Laconia | $250,000 | $1,100 | 90 |
Franklin | $200,000 | $950 | 88 |
Rochester | $275,000 | $1,200 | 92 |
Quality of Life and Amenities
In addition to affordability, these cities’ quality of life is enhanced by a number of facilities and services:
Medical Care
- Claremont: Valley Regional Hospital in Claremont offers a wide range of medical treatments.
- Berlin: A variety of medical services are available at Androscoggin Valley Hospital.
- Laconia: A wide range of medical services are provided to the community by Lakes Region General Hospital.
- Franklin: Residents are guaranteed access to high-quality medical treatment at Franklin Regional Hospital.
- Rochester: Frisbie Memorial Hospital is renowned for providing top-notch medical care.
Learning
- Claremont: Stevens High School is one of the excellent schools in the Claremont School District.
- Berlin: Berlin High School is a renowned institution that offers high-quality education through Berlin Public Schools.
- Laconia: Laconia High School offers a variety of activities, and the Laconia School District is highly recognized.
- Franklin: Franklin High School is a crucial institution in the Franklin School District, which guarantees locals access to high-quality education.
- Rochester: Spaulding High School is one of the complete educational programs provided by the Rochester School Department.
Leisure Activities
- Claremont: The Claremont Opera House, parks, and hiking paths.
- Berlin: Close to local events, outdoor activities, and the White Mountains.
- Laconia: fishing, boating, Lake Winnipesaukee, and local celebrations.
- Franklin: Community events, parks, and historic sites.