Newmarket, NH vs Peterborough, NH

There is a significant gap in the cost of living between these two cities. Peterborough is 15.4% cheaper than Newmarket. With a cost index of 103 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Peterborough to Newmarket should plan for substantially higher expenses across most categories.

On the housing front, median rent in Newmarket is $1,668/month compared to $1,310/month in Peterborough — a 27% difference. Home values follow the same pattern: Peterborough is more affordable at $323,700 median vs $364,800.

Median household income in Newmarket is $83,871 compared to $81,836 in Peterborough (+2.5%). Newmarket does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Newmarket spend roughly 23.9% of their income on rent, more than the 19.2% in Peterborough.

Climate-wise, both cities share similar average temperatures (46.9°F vs 46.4°F). Newmarket receives more rainfall at 47" per year compared to 46.4" in Peterborough.