Cost of Living in Epping, NH

With a cost of living index of 123, Epping, NH is a notably expensive place to live. Living here is 23% more expensive than the national average and 21% above the New Hampshire state average of 102. Epping is a small community of 2,808 residents.

Housing costs are the biggest factor in Epping's cost of living. The median monthly rent is $1,877 (42% above the US median of $1,319), and the median home value sits at $334,700 (10% above the national median of $304,900). At current prices, the median home costs roughly 4.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Epping is $80,987, which is 8% higher than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Climate is another factor for anyone considering a move to Epping. The area sees an average annual temperature of 46.9°F, with summers averaging 67°F and winters around 26°F. Annual rainfall totals 47 inches spread over roughly 146 days. Cold winters mean higher heating bills, an important cost-of-living consideration.

Everyday prices in the Boston-Cambridge-Newton, MA-NH (Metropolitan Statistical Area) metro area tend to run above the national average. Out of 6 common grocery and utility items tracked by the Bureau of Labor Statistics, 6 are priced higher than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

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.