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Cost of Living in Nashua, NH

Population 91,294 · Census ACS 2020–2024 5-year estimates

Median rent$1,737
Median home value$403,900
Median household income$96,326

The median rent in Nashua, NH is $1,737/month, 16% higher than the New Hampshire median and 23% higher than the U.S. median. The median home value is $403,900, 21% higher than the national median. Households earn a median of $96,326 a year, 3% lower than the state median.

Affordability

Rent as a share of median income: 21.6%
Income needed for median rent (30% rule): $69,480/yr
Home price-to-income ratio: 4.2×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,042/mo

Run your own numbers: mortgage calculator · hourly to salary

Nashua vs. New Hampshire vs. U.S.

NashuaNew HampshireU.S.
Median rent$1,737$1,491$1,413
Median home value$403,900$402,500$332,700
Median household income$96,326$99,031$80,734
Homeownership rate55.8%72.8%65.2%
Bachelor's degree or higher41.2%40.6%35.7%
Poverty rate7.8%7.2%12.5%
Unemployment rate4.2%3.3%5.2%
Work from home17.4%16.8%15.1%
Median age40.043.338.9

FAQ

What is the average rent in Nashua, NH?

The median gross rent in Nashua, NH is $1,737 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $69,480 a year in gross income.

Is Nashua, NH expensive to live in?

Rent there is 23% higher than the U.S. median, and the median home costs about 4.2 times the median household income.

Other cities in New Hampshire

Manchester, NHRent $1,564 · Income $81,007Concord, NHRent $1,441 · Income $84,902Dover, NHRent $1,607 · Income $94,829Rochester, 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

Apple Valley, MNRent $1,738 · Income $97,673Jurupa Valley, CARent $1,741 · Income $97,550Evanston, ILRent $1,762 · Income $96,434Kuna, IDRent $1,774 · Income $96,219Frederick, MDRent $1,764 · Income $97,069Soledad, CARent $1,698 · Income $96,862

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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