Durham, NH vs Laconia, NH

There is a significant gap in the cost of living between these two cities. Laconia is 17.5% cheaper than Durham. With a cost index of 99 vs 116, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laconia to Durham should plan for substantially higher expenses across most categories.

On the housing front, median rent in Durham is $1,338/month compared to $1,180/month in Laconia — a 13% difference. Home values follow the same pattern: Laconia is more affordable at $308,800 median vs $451,000.

Median household income in Durham is $109,934 compared to $68,427 in Laconia (+60.7%). While Durham is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Durham spend roughly 14.6% of their income on rent, less than the 20.7% in Laconia.

Climate-wise, both cities share similar average temperatures (47.1°F vs 47.2°F). Durham receives more rainfall at 47.8" per year compared to 42" in Laconia.