Cost of Living in Woodsville, NH

With a cost of living index of 87, Woodsville, NH is a very affordable place to live. Living here is 13% cheaper than the national average and 15% below the New Hampshire state average of 102. Woodsville is a small community of 1,387 residents.

Housing costs are the biggest factor in Woodsville's cost of living. The median monthly rent is $1,088 (18% below the US median of $1,319), and the median home value sits at $200,000 (34% below the national median of $304,900). At current prices, the median home costs roughly 3.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Woodsville is $56,610, which is 25% lower than the national median of $75,149. Residents spend roughly 23% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Climate is another factor for anyone considering a move to Woodsville. The area sees an average annual temperature of 43.9°F, with summers averaging 66°F and winters around 20°F. Annual rainfall totals 39.3 inches spread over roughly 164 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.