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Cost of Living in Dover, NH

Population 33,364 · Census ACS 2020–2024 5-year estimates

Median rent$1,607
Median home value$436,700
Median household income$94,829

The median rent in Dover, NH is $1,607/month, 8% higher than the New Hampshire median and 14% higher than the U.S. median. The median home value is $436,700, 31% higher than the national median. Households earn a median of $94,829 a year, 4% lower than the state median.

Affordability

Rent as a share of median income: 20.3%
Income needed for median rent (30% rule): $64,280/yr
Home price-to-income ratio: 4.6×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,208/mo

Run your own numbers: mortgage calculator · hourly to salary

Dover vs. New Hampshire vs. U.S.

DoverNew HampshireU.S.
Median rent$1,607$1,491$1,413
Median home value$436,700$402,500$332,700
Median household income$94,829$99,031$80,734
Homeownership rate52.7%72.8%65.2%
Bachelor's degree or higher52.0%40.6%35.7%
Poverty rate8.3%7.2%12.5%
Unemployment rate4.1%3.3%5.2%
Work from home18.6%16.8%15.1%
Median age36.943.338.9

FAQ

What is the average rent in Dover, NH?

The median gross rent in Dover, NH is $1,607 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Dover, NH?

Using the common 30% rule, renting a median-priced home takes about $64,280 a year in gross income.

Is Dover, NH expensive to live in?

Rent there is 14% higher than the U.S. median, and the median home costs about 4.6 times the median household income.

Other cities in New Hampshire

Manchester, NHRent $1,564 · Income $81,007Nashua, NHRent $1,737 · Income $96,326Concord, NHRent $1,441 · Income $84,902Rochester, NHRent $1,369 · Income $80,836Keene, NHRent $1,342 · Income $78,445Portsmouth, NHRent $1,869 · Income $106,219

Cities with a similar cost of living

Chester, VARent $1,603 · Income $95,104Galt, CARent $1,596 · Income $94,393Elk Grove Village, ILRent $1,618 · Income $94,175Chesapeake, VARent $1,586 · Income $95,373Aurora, ILRent $1,596 · Income $93,633Des Plaines, ILRent $1,606 · Income $97,875

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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