Cost of Living in Hillsborough County, New Hampshire

$1,532/mo

Median Monthly Rent

$385,500

Median Home Value

20% above state averageUnaffordable

At a Glance

Median Monthly Rent

$1,532/mo

20% above state average

Median Home Value

$385,500

37% above national

Rent-to-Income Ratio

29.0%

% 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 Hillsborough County Compares

Median monthly rent comparison

Hillsborough County$1,532/mo

New Hampshire Average$1,273/mo

National Median$1,163/mo

Detailed Housing Stats

$1,532/mo

Median Gross Rent

$385,500

Median Home Value

$1,946/mo

Monthly Owner Cost

29.0%

Rent-to-Income Ratio

Data Story

About Cost of Living in Hillsborough County, New Hampshire

Hillsborough housing costs strain even high earners

Hillsborough County's 18.3% rent-to-income ratio ranks among the nation's most expensive despite a median household income of $100,436—the highest in New Hampshire and 34% above the national median. The median rent of $1,532/month reflects regional demand that outpaces even relatively high local earnings.

New Hampshire's priciest county overall

Hillsborough County's median home value of $385,500 and median rent of $1,532/month are the highest in the state, ranking second-worst on rent-to-income ratio at 18.3%. Only Grafton County approaches Hillsborough's affordability challenges, making this the state's most expensive housing market.

Dramatically pricier than surrounding counties

Hillsborough's $1,532/month rent exceeds Merrimack County's $1,293 by 18% and even outpaces higher-income Rockingham's $1,619 in monthly rent consumption relative to earnings. Home values of $385,500 are matched only by Rockingham, making Hillsborough the region's premium market.

Highest absolute housing costs in New Hampshire

Renters spend $1,532/month and homeowners $1,946/month—the state's steepest costs—though median income of $100,436 provides substantial cushion. Housing still claims roughly 18% of household earnings, a notable burden even for this county's above-average earners.

Hillsborough requires serious earning power

Hillsborough County demands the highest earning potential of any New Hampshire county, with median rent consuming 18.3% of income even for above-average households. Relocators with lower incomes should strongly consider Belknap, Carroll, or Merrimack counties where housing costs are 15-20% lower.

Affordability Calculator

See how your income compares to housing costs in Hillsborough County

Your Annual Household Income

Rent Burden

18.3%

of gross income

Max Housing (28% Rule)

$2,344

per month

Owner Cost Burden

23.3%

of gross income

The median home in Hillsborough County may be a stretch

Median home value is $385,500. Estimated monthly cost: $3,078 vs. your max of $2,344.

Rent Affordability Guide

Your rent-to-income ratio18.3%

Recommended max30.0%

Frequently Asked Questions

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

Hillsborough County, New Hampshire has a median monthly rent of $1,532/mo and a median home value of $385,500. The affordability rating is Unaffordable, with rent making up approximately 29.0% of median household income.

What is the median rent in Hillsborough County?

The median gross rent in Hillsborough County is $1,532/mo. This is 20% above state average for New Hampshire.

Is Hillsborough County affordable?

Hillsborough County is rated Unaffordable based on rent-to-income ratio of 29.0%. Spending over 50% of income on rent is generally considered unaffordable.

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

Hillsborough County's median rent of $1,532/mo is 20% above state average of $1,273/mo for New Hampshire.

What is the median home value in Hillsborough County?

The median home value in Hillsborough County, New Hampshire is $385,500. This is 37% above the national median home value of $281,900.