Cost of Living in Meredith, NH

With a cost of living index of 110, Meredith, NH is somewhat more expensive than average. Living here is 10% more expensive than the national average and 8% above the New Hampshire state average of 102. Meredith is a small community of 2,887 residents.

Housing costs are the biggest factor in Meredith's cost of living. The median monthly rent is $1,255 (5% below the US median of $1,319), and the median home value sits at $415,800 (36% above the national median of $304,900). At current prices, the median home costs roughly 8x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Meredith is $52,083, which is 31% lower than the national median of $75,149. Residents spend roughly 29% 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 Meredith. 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.