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Cost of Living in Wolfeboro, NH

Population: 2,420 | New Hampshire

101
Cost of Living Index
US Average = 100

Wolfeboro is 1% more expensive than the national average.

84
Housing
119
Home Values
108
Regional Price

Cost of Living in Wolfeboro, NH: What You Need to Know

With a cost of living index of 101, Wolfeboro, NH is right around the national average in cost. Living here is 1% more expensive than the national average and in line with the New Hampshire state average. Wolfeboro is a small community of 2,420 residents.

Housing costs are the biggest factor in Wolfeboro's cost of living. The median monthly rent is $1,111 (16% below the US median of $1,319), and the median home value sits at $363,200 (19% above the national median of $304,900). At current prices, the median home costs roughly 7.2x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Wolfeboro is $50,721, which is 33% lower than the national median of $75,149. Residents spend roughly 26% 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 Wolfeboro. The area sees an average annual temperature of 47.7°F, with summers averaging 69°F and winters around 27°F. Annual rainfall totals 41.2 inches spread over roughly 139 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.

Income

Median Household Income
$50,721
vs US Median ($75,149)
-33%

Housing

Median Rent
$1,111/mo
Median Home Value
$363,200
Median Monthly Housing Cost
$1,118/mo

Climate in Wolfeboro

NOAA 30-year normals (1991-2020)

47.7°F
Avg Temperature
41.2"
Rainfall / Year
139d
Rainy Days / Year
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
High °F 33 35 44 57 67 77 82 81 73 60 48 37
Avg °F 24 26 34 46 56 66 71 69 62 50 39 30
Low °F 15 17 25 35 45 54 60 58 50 39 31 22
Rain" 2.5 2.2 3.7 3.7 3.5 3.9 3.5 3.2 3.4 4.4 3.9 3.3

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