Cost of Living in Contoocook, NH

With a cost of living index of 103, Contoocook, NH is somewhat more expensive than average. Living here is 3% more expensive than the national average and in line with the New Hampshire state average. Contoocook is a small community of 1,370 residents.

Housing costs are the biggest factor in Contoocook's cost of living. The median monthly rent is $1,075 (18% below the US median of $1,319), and the median home value sits at $399,400 (31% above the national median of $304,900). At current prices, the median home costs roughly 3x the median household income — well within traditional affordability guidelines.

The median household income in Contoocook is $131,518, which is 75% higher than the national median of $75,149. Residents spend roughly 10% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Climate is another factor for anyone considering a move to Contoocook. The area sees an average annual temperature of 47.2°F, with summers averaging 69°F and winters around 25°F. Annual rainfall totals 42 inches spread over roughly 133 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.