Derry, NH vs Lebanon, NH

Derry is moderately more affordable than Lebanon, with a 5.1% lower cost of living index. Derry scores 113 compared to 119 for Lebanon, where the US average is 100. This difference means residents of Lebanon 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 $1,732/month in Lebanon — a 15% difference. Interestingly, home values tell a different story: while Derry has cheaper rent, Lebanon actually has lower median home values ($345,100 vs $356,700).

Median household income in Derry is $88,901 compared to $92,288 in Lebanon (-3.7%). The higher salaries in Lebanon partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Derry spend roughly 19.9% of their income on rent, less than the 22.5% in Lebanon.

Climate-wise, Derry is notably warmer with an average of 50.1°F compared to 46°F in Lebanon. Derry receives more rainfall at 40.4" per year compared to 38.1" in Lebanon.