Newmarket, NH vs Raymond, NH
There is a significant gap in the cost of living between these two cities. Raymond is 24.5% cheaper than Newmarket. With a cost index of 96 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Raymond 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 $1,092/month in Raymond — a 53% difference. Home values follow the same pattern: Raymond is more affordable at $292,200 median vs $364,800.
Median household income in Newmarket is $83,871 compared to $70,804 in Raymond (+18.5%). The higher salaries in Newmarket partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Newmarket spend roughly 23.9% of their income on rent, more than the 18.5% in Raymond.
Climate-wise, both cities share similar average temperatures (46.9°F vs 46.9°F). Raymond receives more rainfall at 47" per year compared to 47" in Newmarket.
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Climate
NOAA 30-year normals (1991-2020)