Durham, NH

Yes — Durham is about 48% more expensive than the national average, with an overall Cost Index of 148. Housing is the biggest factor: the typical home here is valued around $672,668, and monthly rents average roughly $1,338. Day-to-day costs like groceries and utilities tend to run closer to the national norm.

Start with housing. Typical monthly rent is $1,338, while local median household income is $109,934. That implies a rent-burden proxy of about 15% before utilities and other costs. For a specific job offer, filing status, or take-home pay scenario, use salary.city.

New Hampshire is one of the few states with no state income tax, which can save residents thousands of dollars per year. The effective property tax rate is 1.86%. On a home worth $672,668, that translates to roughly $12,512 per year in property taxes. There is no state sales tax.

The typical monthly rent in Durham is around $1,338. That's close to the $1,348 national median. For comparison, the median home value here is $672,668, so buyers should also factor in mortgage payments, property taxes, and insurance.

The median home in Durham is valued at $672,668. With 20% down and a 6.5% mortgage rate, you'd be looking at roughly $3,401/month for principal and interest alone — before property taxes and insurance. About 55% of residents here own their homes.

Grocery prices in Durham are about average compared to the rest of the US (index: 100, where 100 is the national average). Utility bills (electricity, gas, water) are on the high side (index: 149). Overall, these everyday costs shouldn't cause major surprises if you're moving from another similarly-sized US city.

Durham is a small town with a population of about 10,577. The median age of residents is 20, skewing younger — often a sign of a college town or fast-growing area. The local poverty rate is 14.54%, near the national average of 12.4%.