Newmarket, NH vs Wolfeboro, NH
There is a significant gap in the cost of living between these two cities. Wolfeboro is 17.6% cheaper than Newmarket. With a cost index of 101 vs 119, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wolfeboro 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 $1,111/month in Wolfeboro — a 50% difference. Home values follow the same pattern: Wolfeboro is more affordable at $363,200 median vs $364,800.
Median household income in Newmarket is $83,871 compared to $50,721 in Wolfeboro (+65.4%). While Newmarket is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Newmarket spend roughly 23.9% of their income on rent, less than the 26.3% in Wolfeboro.
Climate-wise, both cities share similar average temperatures (46.9°F vs 47.7°F). Newmarket receives more rainfall at 47" per year compared to 41.2" in Wolfeboro.
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Climate
NOAA 30-year normals (1991-2020)