Peterborough, NH vs Raymond, NH
Raymond is moderately more affordable than Peterborough, with a 7.9% lower cost of living index. Peterborough scores 103 compared to 96 for Raymond, where the US average is 100. This difference means residents of Peterborough can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Peterborough is $1,310/month compared to $1,092/month in Raymond — a 20% difference. Home values follow the same pattern: Raymond is more affordable at $292,200 median vs $323,700.
Median household income in Peterborough is $81,836 compared to $70,804 in Raymond (+15.6%). While Peterborough is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Peterborough spend roughly 19.2% of their income on rent, more than the 18.5% in Raymond.
Climate-wise, both cities share similar average temperatures (46.4°F vs 46.9°F). Raymond receives more rainfall at 47" per year compared to 46.4" in Peterborough.
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NOAA 30-year normals (1991-2020)