Is it cheaper to live in Annapolis or Concord?

Concord, NH is cheaper. Its monthly baseline of $1,410 (1BR rent + utilities) runs about 23% below Annapolis, MD's $1,830, mainly because of rent.

How much more do you need to earn to live in Annapolis than in Concord?

To keep rent near the recommended 30% of gross income, you'd want to earn roughly $64,000 a year in Annapolis versus $45,000 in Concord.

Which has lower taxes, Annapolis or Concord?

Annapolis is taxed under Maryland's rules (a top state income tax rate of 6.50% and a 6% state sales tax); Concord under New Hampshire's (no state income tax and no state sales tax).

Annapolis vs Concord Cost of Living 2026

Annapolis

Maryland

$1,830/mo est.

Concord

New Hampshire

$1,410/mo est.

Monthly estimate = 1BR rent + electricity + gas

A one-person monthly baseline (1BR rent plus typical utilities) runs $1,830 in Annapolis, MD versus $1,410 in Concord, NH. Overall, Concord, NH is roughly 23% cheaper to live in day-to-day than Annapolis, MD, driven mainly by rent.

Median household income is $104,257 in Annapolis, MD and $83,701 in Concord, NH — about 20% higher in Annapolis, MD. Maryland has a top state income tax rate of 6.50% and a 6% state sales tax; New Hampshire has no state income tax and no state sales tax.

Annapolis, MD

Concord, NH

Rent

Studio

$1,239

$876

+29% in Annapolis, MD

1 Bedroom

$1,598

$1,134

+29% in Annapolis, MD

2 Bedroom

$1,864

$1,475

+21% in Annapolis, MD

3 Bedroom

$2,232

$1,769

+21% in Annapolis, MD

Buying a Home

Median Home Value

$510,200

$323,700

+37% in Annapolis, MD

Income

Median Household Income

$104,257

$83,701

+20% in Annapolis, MD

Metro Median Wage (annual)

$59,070

—

People & Lifestyle

Median Age

40.9 yr

40.7 yr

+0.2 yr in Annapolis, MD

Homeownership

59.8%

57.4%

+2.4 pp in Annapolis, MD

Bachelor's+ (25+)

53.7%

40.1%

+13.6 pp in Annapolis, MD

Avg Commute

28.7 min

23.2 min

+5.5 min in Annapolis, MD

Crime (per 100k/yr)

Violent Crime

806

180.7

+78% in Annapolis, MD

Property Crime

2,111.5

1,251.5

+41% in Annapolis, MD

FBI Crime Data Explorer. Offenses per 100,000 residents per year; agency reporting practices vary, so this is approximate.

Climate

Avg Annual Temperature

57.1°F

46.4°F

+10.7°F in Annapolis, MD

Annual Precipitation

—

40.6 in

Gas

Regular Gasoline

$3.94/gal

about equal

Area: East Coast (PADD 1) vs East Coast (PADD 1).

Utilities

Electricity (¢/kWh)

21.8

27.0

+24% in Concord, NH

Natural Gas ($/MCF)

$22.57

$21.67

+4% in Annapolis, MD

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

Groceries

Milk (gal)

$4.00

$4.31

+8% in Concord, NH

Bread (lb)

$1.75

$1.92

+10% in Concord, NH

Eggs (doz)

$2.21

$2.19

+1% in Annapolis, MD

Ground Beef (lb)

$6.45

$6.90

+7% in Concord, NH

Chicken (lb)

$1.90

$2.19

+15% in Concord, NH

Bananas (lb)

$0.62

$0.69

+12% in Concord, NH

Average prices — South vs Northeast (BLS). Regional where available, otherwise U.S. average.

State Taxes

Sales Tax (MD / NH)

None

+6.0 pp in MD

Income Tax (top rate)

6.50%

None

+6.5 pp in MD

Annapolis vs Concord — FAQ

Is it cheaper to live in Annapolis or Concord?: Concord, NH is cheaper. Its monthly baseline of $1,410 (1BR rent + utilities) runs about 23% below Annapolis, MD's $1,830, mainly because of rent.
How much more do you need to earn to live in Annapolis than in Concord?: To keep rent near the recommended 30% of gross income, you'd want to earn roughly $64,000 a year in Annapolis versus $45,000 in Concord.
Which has lower taxes, Annapolis or Concord?: Annapolis is taxed under Maryland's rules (a top state income tax rate of 6.50% and a 6% state sales tax); Concord under New Hampshire's (no state income tax and no state sales tax).

Sources: US Census Bureau, ACS 5-Year (rent, income, home value, demographics); NOAA Climate Normals 1981–2010 (climate); EIA weekly retail (gas); Tax Foundation 2026 (state taxes).