Lebanon, NH vs Newmarket, NH
Lebanon, NH and Newmarket, NH have a very similar cost of living, with only a 0.4% difference in their overall index. Lebanon scores 119 while Newmarket scores 119 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Lebanon is $1,732/month compared to $1,668/month in Newmarket — a 4% difference. Interestingly, home values tell a different story: while Newmarket has cheaper rent, Lebanon actually has lower median home values ($345,100 vs $364,800).
Median household income in Lebanon is $92,288 compared to $83,871 in Newmarket (+10%). Lebanon offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Lebanon spend roughly 22.5% of their income on rent, less than the 23.9% in Newmarket.
Climate-wise, both cities share similar average temperatures (46°F vs 46.9°F). Newmarket receives more rainfall at 47" per year compared to 38.1" in Lebanon.
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