Laconia, NH vs Somersworth, NH

Laconia is moderately more affordable than Somersworth, with a 6.4% lower cost of living index. Laconia scores 99 compared to 106 for Somersworth, where the US average is 100. This difference means residents of Somersworth can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Laconia is $1,180/month compared to $1,410/month in Somersworth — a 16% difference. Interestingly, home values tell a different story: while Laconia has cheaper rent, Somersworth actually has lower median home values ($295,800 vs $308,800).

Median household income in Laconia is $68,427 compared to $79,677 in Somersworth (-14.1%). While Somersworth is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laconia spend roughly 20.7% of their income on rent, less than the 21.2% in Somersworth.

Climate-wise, both cities share similar average temperatures (47.2°F vs 47.7°F). Laconia receives more rainfall at 42" per year compared to 41.2" in Somersworth.