Gorham, NH vs Newport, NH
There is a significant gap in the cost of living between these two cities. Gorham is 21% cheaper than Newport. With a cost index of 72 vs 92, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gorham to Newport should plan for substantially higher expenses across most categories.
On the housing front, median rent in Gorham is $774/month compared to $1,261/month in Newport — a 39% difference. Home values follow the same pattern: Gorham is more affordable at $136,300 median vs $191,000.
Median household income in Gorham is $60,417 compared to $75,849 in Newport (-20.3%). The higher salaries in Newport partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Gorham spend roughly 15.4% of their income on rent, less than the 20% in Newport.
Climate-wise, Newport is notably warmer with an average of 45.5°F compared to 28°F in Gorham. Gorham receives more rainfall at 91.2" per year compared to 40.3" in Newport.
Income & Cost
Housing
Salary Equivalency Calculator
What does your salary in one city buy you in the other?
Climate
NOAA 30-year normals (1991-2020)