Gorham, NH vs Raymond, NH

There is a significant gap in the cost of living between these two cities. Gorham is 24.3% cheaper than Raymond. With a cost index of 72 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Gorham to Raymond should plan for substantially higher expenses across most categories.

On the housing front, median rent in Gorham is $774/month compared to $1,092/month in Raymond — a 29% difference. Home values follow the same pattern: Gorham is more affordable at $136,300 median vs $292,200.

Median household income in Gorham is $60,417 compared to $70,804 in Raymond (-14.7%). The higher salaries in Raymond 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 18.5% in Raymond.

Climate-wise, Raymond is notably warmer with an average of 46.9°F compared to 28°F in Gorham. Gorham receives more rainfall at 91.2" per year compared to 47" in Raymond.