New Hampshire may be best known for its scenic mountains, charming small towns, and tax-friendly policies, but it’s also one of the more expensive states in New England. That said, there are still pockets of affordability where residents can enjoy a high quality of life without sky-high housing costs. Whether you’re a retiree looking to stretch your budget or a young professional seeking a low-cost home base, there are several towns in the Granite State worth considering in 2025.
Here’s a look at some of the cheapest places to live in New Hampshire based on housing affordability, cost of living, access to services, and overall livability.
1. Claremont
Historic Charm with Affordable Housing
Located along the Connecticut River in western New Hampshire, Claremont is a small city that offers some of the lowest housing prices in the state. With a median home price well below the state average, it’s a great choice for first-time buyers or retirees.
While Claremont has faced economic challenges in the past, the city is actively revitalizing its downtown and attracting new businesses. Residents enjoy access to outdoor activities, including skiing, hiking, and kayaking, and the city’s historic mill buildings give it a unique charm.
Why It’s Affordable:
- Low median home price
- Lower property taxes compared to nearby regions
- Proximity to Vermont adds cross-state job opportunities
2. Berlin
Low Cost of Living in the North Country
Tucked into New Hampshire’s North Country, Berlin is one of the most affordable places to live in the entire state. Though remote, Berlin offers stunning access to the White Mountains, snowmobiling trails, and natural beauty.
Median home prices here are some of the lowest in the state, and the cost of living is well below the national average. While job opportunities may be limited in this former mill town, remote work has opened up new possibilities for residents.
Why It’s Affordable:
- Extremely low home and rental prices
- Low grocery and utility costs
- Ideal for remote workers or outdoor lovers
3. Franklin
Affordable Riverfront Living in Central NH
Once a thriving mill town, Franklin has transformed in recent years into an up-and-coming community with affordable housing and a strong sense of local pride. Located along the Winnipesaukee River, it’s known for its beautiful natural setting and historic architecture.
Franklin has invested in recreational development, including New England’s first whitewater park, which adds to its appeal for families and young professionals.
Why It’s Affordable:
- Median home prices significantly lower than nearby Concord or Laconia
- City redevelopment efforts are driving property value slowly upward
- Strong community atmosphere with affordable city services
4. Rochester
A Budget-Friendly Option Close to the Seacoast
Rochester is one of the few places in southeastern New Hampshire where you can still find affordable housing near the coast. With easy access to Portsmouth, Dover, and Maine, it’s a great option for commuters or families seeking proximity to jobs without the seacoast price tag.
The city offers good public schools, access to healthcare, and plenty of local amenities. While the housing market has tightened statewide, Rochester still maintains a relatively reasonable cost of living.
Why It’s Affordable:
- Close to major job markets
- More affordable than surrounding coastal towns
- Growing economy and infrastructure investment
5. Laconia
Lake Living Without the Lakefront Price
Located between Lake Winnipesaukee and Lake Winnisquam, Laconia is a popular destination for summer tourists — but it’s also a surprisingly affordable place to call home year-round. While waterfront property commands a premium, homes in other parts of the city remain within reach for many buyers.
Laconia offers small-city amenities, including restaurants, schools, and healthcare, while also maintaining a laid-back, small-town feel. Its affordability and quality of life make it a solid choice for retirees and families alike.
Why It’s Affordable:
- Housing prices lower than tourist-driven towns like Meredith
- Many affordable neighborhoods outside the lakefront area
- Great balance of outdoor recreation and urban services
Why Affordability Matters in New Hampshire
New Hampshire has no state income tax or sales tax, which makes it attractive to many residents. However, property taxes are some of the highest in the nation, and home prices have risen sharply over the past decade, particularly in southern and seacoast areas.
That’s why identifying affordable towns with reasonable taxes, solid infrastructure, and growing local economies is so important for long-term financial stability.
Conclusion
If you’re looking to relocate or downsize in 2025 without sacrificing comfort or community, these towns represent some of the cheapest and most livable options in New Hampshire. From the mountain views of Berlin to the lakeside charm of Laconia, the Granite State still offers opportunities for affordable living — if you know where to look. Just remember to factor in property taxes, access to services, and your lifestyle preferences when making the move.