Is Concord expensive to live in?

Concord is on the pricier side of the 158 US cities we track. Its one-bedroom rent of $1,134 per month ranks #64 of 158 and is 9% higher than the $1,043 median.

What is the average rent in Concord?

Average rent in Concord, NH runs a studio around $876, a one-bedroom around $1,134, a two-bedroom around $1,475, a three-bedroom around $1,769 per month (US Census ACS).

How much do you need to earn to live in Concord?

To keep a one-bedroom rent of $1,134 near the recommended 30% of gross income, you'd want to earn roughly $45,000 a year. The median household income here is $83,701.

How much does it cost to live in Concord per month?

A rough monthly baseline for one person in Concord is about $1,410 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Cost of Living in Concord, NH

Population 44,219 · New Hampshire

~$1,410/mo est.1BR $1,134Home $323,700

Compare with:

The cost of living in Concord, NH is driven mostly by housing. A one-bedroom apartment rents for around $1,134 a month — 9% higher than the $1,043 median across the 158 large US cities we track. Studios average $876 and two-bedrooms $1,475.

Median household income here is $83,701, 24% higher than the $67,696 median of the cities we track. Adding typical electricity and heating to one-bedroom rent, a rough monthly baseline for one person is about $1,410 before food and transport. New Hampshire has no state income tax and no state sales tax.

Rent1BR $1,134

Studio

$876

1 Bedroom

$1,134

2 Bedroom

$1,475

3 Bedroom

$1,769

Buying a Home$323,700

Median Home Value

$323,700

Income$83,701

Median Household Income

$83,701

Metro Median Wage (annual)

—

Household income: Census ACS, city. Metro median wage: BLS OEWS, all occupations (metro area).

GroceriesNortheast

Milk (gal)

$4.31

Bread (lb)

$1.92

Eggs (doz)

$2.19

Ground Beef (lb)

$6.90

Chicken (lb)

$2.19

Bananas (lb)

$0.69

Average prices, Northeast (BLS, 2026-07-01). Regional where available, otherwise U.S. average.

Utilities27.0¢/kWh

Electricity

27.0¢/kWh

Natural Gas

$21.67/MCF

Residential, state-level averages (EIA, 2026-06-01). MCF = 1,000 cubic feet.

Gas$3.94/gal

Regular Gasoline (East Coast (PADD 1))

$3.94/gal

EIA weekly retail average, week of 2026-08-31.

State Taxes (NH)No sales tax

State Sales Tax

None

State Income Tax (top rate)

None

State-level rates. Local sales taxes may add more. Income tax shown is the top marginal rate; most filers pay less.

Crime180.7 violent

Violent Crime (per 100k/yr)

180.7

Property Crime (per 100k/yr)

1,251.5

FBI Crime Data Explorer, Concord Police Department (2024). Offenses per 100,000 residents per year. Agency reporting practices vary, so cross-city comparisons are approximate.

People & LifestyleAge 40.7 yrs

Median Age

40.7 yrs

Homeownership

57.4%

Bachelor's+ (25+)

40.1%

Avg Commute

23.2 min

Climate46.4°F

Avg Annual Temperature

46.4°F

Annual Precipitation

40.6 in

Concord cost of living — FAQ

Is Concord expensive to live in?: Concord is on the pricier side of the 158 US cities we track. Its one-bedroom rent of $1,134 per month ranks #64 of 158 and is 9% higher than the $1,043 median.
What is the average rent in Concord?: Average rent in Concord, NH runs a studio around $876, a one-bedroom around $1,134, a two-bedroom around $1,475, a three-bedroom around $1,769 per month (US Census ACS).
How much do you need to earn to live in Concord?: To keep a one-bedroom rent of $1,134 near the recommended 30% of gross income, you'd want to earn roughly $45,000 a year. The median household income here is $83,701.
How much does it cost to live in Concord per month?: A rough monthly baseline for one person in Concord is about $1,410 — one-bedroom rent plus typical residential electricity and heating. It excludes food, transport, and healthcare, so a full budget is higher.

Compare Concord with nearby cities

Concord vs Manchester Concord vs Nashua Concord vs Cambridge Concord vs Boston Concord vs Worcester Concord vs Portland

Nearby cities

Manchester, NH 15 mi Nashua, NH 31 mi Cambridge, MA 62 mi Boston, MA 63 mi Worcester, MA 67 mi Portland, ME 71 mi

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981-2010 (climate); EIA (gas, utilities); BLS Average Price Data (groceries) & OEWS (metro wage); transit agencies (fares); FBI Crime Data Explorer (crime); Tax Foundation 2026 (state taxes). Monthly estimate = 1BR rent + utilities; not a full cost of living.