Cost of Living in Raymond, NH

With a cost of living index of 96, Raymond, NH is slightly more affordable than average. Living here is 4% cheaper than the national average and 6% below the New Hampshire state average of 102. Raymond is a small community of 3,881 residents.

Housing costs are the biggest factor in Raymond's cost of living. The median monthly rent is $1,092 (17% below the US median of $1,319), and the median home value sits at $292,200 (4% below 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 Raymond is $70,804, which is 6% lower than the national median of $75,149. Residents spend roughly 19% 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 Raymond. 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.