Cost of Living in East derry, NH
Housing
The housing market plays a significant role in determining the cost of living in East derry, NH.
- Housing Index: 112.4 / 100
- Median Home Price is: $300,000
- Average Rent (2 BR Apartment): $1989 per month
- Average Rent (2 BR House): $2162 per month
Moving to East derry, NH may seem appealing given the median home price of 300000. However, with a housing index of 112.4, it’s crucial to consider that the average rent for both a 2-bedroom apartment and a 2-bedroom house is currently at zero, indicating potential issues in the rental market. This could suggest a lack of available rental properties or an imbalance in housing supply and demand. If you seek flexibility or a variety of living options, you might want to further investigate other areas to find a better-fitting housing situation for your lifestyle.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in East derry, NH.
- Electricity Price: $22.44 USD (median by state)
- Natural Gas Price: $17.58 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in East derry, NH could entail higher utility costs. Electricity costs sit at $22.44, while natural gas is priced at $17.58 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if East derry is a financially viable option for your relocation.