Cost of Living in North salem, NH
Housing
The housing market plays a significant role in determining the cost of living in North salem, NH.
- Housing Index: 112.4 / 100
- Median Home Price is: $423,000
- Average Rent (2 BR Apartment): $1989 per month
- Average Rent (2 BR House): $2162 per month
Considering a move to North salem, NH? The current housing index is at a notable low of 112.4, suggesting a potential buyer's market. The median home price stands at 423000, which is relatively affordable compared to other regions across the country. Unfortunately, both the average rent for a 2-bedroom apartment and a house currently show as 1989 and 2162 respectively, indicating possible volatility or lack of available rentals. Research local market conditions and consider the total cost of living to make a well-informed decision about relocation.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in North salem, 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 North salem, 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 North salem is a financially viable option for your relocation.