Cost of Living in Cheshire County, New Hampshire

$1,220/mo

Median Monthly Rent

$257,200

Median Home Value

4% below state averageUnaffordable

At a Glance

Median Monthly Rent

$1,220/mo

4% below state average

Median Home Value

$257,200

9% below national

Rent-to-Income Ratio

28.0%

% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating

Unaffordable

Rent over 50% of income

How Cheshire County Compares

Median monthly rent comparison

Cheshire County$1,220/mo

New Hampshire Average$1,273/mo

National Median$1,163/mo

Detailed Housing Stats

$1,220/mo

Median Gross Rent

$257,200

Median Home Value

$1,498/mo

Monthly Owner Cost

28.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Cheshire County, New Hampshire

Cheshire rents outpace national affordability

At 18.1%, Cheshire County's rent-to-income ratio exceeds both the national average (20% is sustainable, but creeping toward stress) and New Hampshire's 17.7% state rate. The median income of $81,001 is solid at 8% above the national median, but housing costs still consume more of household budgets here.

Cheshire among New Hampshire's pricier counties

Cheshire County's 18.1% rent-to-income ratio ranks in the upper half of New Hampshire counties for affordability stress. Only Grafton County and Hillsborough exceed it, placing Cheshire in a less favorable position than most peers statewide.

Higher rents than nearby Coos County

Cheshire's median rent of $1,220/month runs 45% above Coos County's $843/month, though Cheshire's income advantage ($81,001 vs. $58,439) partially offsets the difference. Compared to Grafton County to the north, Cheshire offers lower home values but similar rental stress.

Homeownership carries steeper costs

Renters spend $1,220/month while homeowners pay $1,498/month, a substantial $278 gap suggesting ownership isn't a straightforward upgrade to affordability. Combined, housing costs consume roughly 18% of the median household income of $81,001.

Cheshire suits those prioritizing culture

Cheshire County's housing costs climb above state averages, but the region offers distinctive small-town appeal and cultural amenities worth the premium for some relocators. Compare closely with Belknap or Carroll if affordability is your primary driver; Cheshire demands more housing budget.

Affordability Calculator

See how your income compares to housing costs in Cheshire County

Your Annual Household Income

Rent Burden

18.1%

of gross income

Max Housing (28% Rule)

$1,890

per month

Owner Cost Burden

22.2%

of gross income

The median home in Cheshire County may be a stretch

Median home value is $257,200. Estimated monthly cost: $2,053 vs. your max of $1,890.

Rent Affordability Guide

Your rent-to-income ratio18.1%

Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Cheshire County, New Hampshire?

Cheshire County, New Hampshire has a median monthly rent of $1,220/mo and a median home value of $257,200. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.

What is the median rent in Cheshire County?

The median gross rent in Cheshire County is $1,220/mo. This is 4% below state average for New Hampshire.

Is Cheshire County affordable?

Cheshire County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.

How does Cheshire County's rent compare to the state average?

Cheshire County's median rent of $1,220/mo is 4% below state average of $1,273/mo for New Hampshire.

What is the median home value in Cheshire County?

The median home value in Cheshire County, New Hampshire is $257,200. This is 9% below the national median home value of $281,900.