Colebrook, NH vs Peterborough, NH

There is a significant gap in the cost of living between these two cities. Colebrook is 29.6% cheaper than Peterborough. With a cost index of 73 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colebrook to Peterborough should plan for substantially higher expenses across most categories.

On the housing front, median rent in Colebrook is $740/month compared to $1,310/month in Peterborough — a 44% difference. Home values follow the same pattern: Colebrook is more affordable at $151,700 median vs $323,700.

Median household income in Colebrook is $43,125 compared to $81,836 in Peterborough (-47.3%). While Peterborough is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Colebrook spend roughly 20.6% of their income on rent, more than the 19.2% in Peterborough.

Climate-wise, Peterborough is notably warmer with an average of 46.4°F compared to 41.4°F in Colebrook. Peterborough receives more rainfall at 46.4" per year compared to 36.5" in Colebrook.