Lebanon, NH vs Portsmouth, NH
There is a significant gap in the cost of living between these two cities. Lebanon is 18.2% cheaper than Portsmouth. With a cost index of 119 vs 145, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Lebanon to Portsmouth should plan for substantially higher expenses across most categories.
On the housing front, median rent in Lebanon is $1,732/month compared to $1,778/month in Portsmouth — a 3% difference. Home values follow the same pattern: Lebanon is more affordable at $345,100 median vs $640,600.
Median household income in Lebanon is $92,288 compared to $105,756 in Portsmouth (-12.7%). The higher salaries in Portsmouth partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Lebanon spend roughly 22.5% of their income on rent, more than the 20.2% in Portsmouth.
Climate-wise, both cities share similar average temperatures (46°F vs 46.9°F). Portsmouth receives more rainfall at 47" per year compared to 38.1" in Lebanon.
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