Contoocook, NH vs Farmington, NH
There is a significant gap in the cost of living between these two cities. Farmington is 20.9% cheaper than Contoocook. With a cost index of 85 vs 103, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Farmington to Contoocook should plan for substantially higher expenses across most categories.
On the housing front, median rent in Contoocook is $1,075/month compared to $957/month in Farmington — a 12% difference. Home values follow the same pattern: Farmington is more affordable at $215,100 median vs $399,400.
Median household income in Contoocook is $131,518 compared to $51,094 in Farmington (+157.4%). While Contoocook is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Contoocook spend roughly 9.8% of their income on rent, less than the 22.5% in Farmington.
Climate-wise, both cities share similar average temperatures (47.2°F vs 47.7°F). Contoocook receives more rainfall at 42" per year compared to 41.2" in Farmington.
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