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With a population of just over 1.38 million and a median age of 43.1, New Hampshire often quietly tops lists of best places to live in the United States. For those considering a move, the state presents a distinct trade-off: a relatively high cost of living paired with very high wages, low unemployment, and a quality of life rooted in natural beauty and civic stability. But the numbers tell a nuanced story that potential newcomers should weigh carefully.
The housing market is the first major hurdle. The median home value stands at $337,100, while the median one-bedroom apartment rents for $1,336 per month. Those figures are above the national medians, reflecting a supply-constrained market. However, the state’s median household income is $90,845—roughly 30% higher than the U.S. average—which offsets some of the sticker shock. A straightforward affordability analysis reveals that the typical one-bedroom rent consumes just 17.6% of the median household’s monthly income (about $7,570), well below the 30% threshold considered “cost-burdened.” For dual-income families or professionals, housing is manageable; for individuals working entry-level jobs, it is tight. The poverty rate is a low 7.1%, reinforcing that New Hampshire’s economy generally lifts residents above the poverty line.
The job market is the state’s strongest selling point. With an unemployment rate of just 2.8% as of August 2026, employers across sectors from healthcare and advanced manufacturing to technology and education are competing for
Explore New Hampshire Cities
Browse utility costs, housing data, Census demographics, and climate data for all 119 tracked cities in New Hampshire.
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Data: US Census Bureau ACS 2022, BLS. Updated October 09, 2026.
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