Cost of Living in Claremont, NH

With a cost of living index of 85, Claremont, NH is a very affordable place to live. Living here is 15% cheaper than the national average and 17% below the New Hampshire state average of 102. Claremont is a smaller community of 13,054 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Claremont's cost of living. The median monthly rent is $1,077 (18% below the US median of $1,319), and the median home value sits at $171,900 (44% below the national median of $304,900). At current prices, the median home costs roughly 3.2x the median household income — a moderately affordable ratio by today's standards.

The median household income in Claremont is $54,520, which is 27% lower than the national median of $75,149. Residents spend roughly 24% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Claremont. The area sees an average annual temperature of 45.5°F, with summers averaging 67°F and winters around 23°F. Annual rainfall totals 40.3 inches spread over roughly 154 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.