Housing costs in New London?
A typical home costs
$545,900, which is 61.5% more expensive than the national average of
$338,100 and 29.6% more expensive than the average New Hampshire home, at
$421,300. Renting a two-bedroom unit in New London costs
$1,870 per month, which is 30.8% more than the national average of
$1,430 and 18.7% more than the state average of
$1,520.
Can I afford New London?
To live comfortably in New London (zip 03257), New Hampshire, a minimum annual income of
$104,760 for a family, and
$56,800 for a single person is recommended.
What does A.I. say about New London?
The cost of living in 03257 New London, NH is fairly high. According to BestPlaces, the cost of living index is rated at 116, which is significantly higher than the US average of 100. Housing expenses are especially high with an index rating of 143; this is primarily due to the tight housing market and limited availability. The median home price in the area is $299,600 as opposed to the US national median of $229,700. Other cost of living expenses including groceries, transportation, health care and utilities are all rated higher than the nationwide averages.