Derry, NH vs Laconia, NH

Laconia is moderately more affordable than Derry, with a 13.8% lower cost of living index. Derry scores 113 compared to 99 for Laconia, where the US average is 100. This difference means residents of Derry can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Derry is $1,473/month compared to $1,180/month in Laconia — a 25% difference. Home values follow the same pattern: Laconia is more affordable at $308,800 median vs $356,700.

Median household income in Derry is $88,901 compared to $68,427 in Laconia (+29.9%). While Derry is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Derry spend roughly 19.9% of their income on rent, less than the 20.7% in Laconia.

Climate-wise, both cities share similar average temperatures (50.1°F vs 47.2°F). Laconia receives more rainfall at 42" per year compared to 40.4" in Derry.