Colebrook, NH vs Wolfeboro, NH
There is a significant gap in the cost of living between these two cities. Colebrook is 28.2% cheaper than Wolfeboro. With a cost index of 73 vs 101, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Colebrook to Wolfeboro should plan for substantially higher expenses across most categories.
On the housing front, median rent in Colebrook is $740/month compared to $1,111/month in Wolfeboro — a 33% difference. Home values follow the same pattern: Colebrook is more affordable at $151,700 median vs $363,200.
Median household income in Colebrook is $43,125 compared to $50,721 in Wolfeboro (-15%). The higher salaries in Wolfeboro partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Colebrook spend roughly 20.6% of their income on rent, less than the 26.3% in Wolfeboro.
Climate-wise, Wolfeboro is notably warmer with an average of 47.7°F compared to 41.4°F in Colebrook. Wolfeboro receives more rainfall at 41.2" per year compared to 36.5" in Colebrook.
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Housing
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Climate
NOAA 30-year normals (1991-2020)