Cost of Living in Merrimack County, New Hampshire

$1,293/mo
Median Monthly Rent
$330,600
Median Home Value
2% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,293/mo
2% above state average
Median Home Value
$330,600
17% above 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 Merrimack County Compares

Median monthly rent comparison

Merrimack County$1,293/mo
New Hampshire Average$1,273/mo
National Median$1,163/mo

Detailed Housing Stats

$1,293/mo
Median Gross Rent
$330,600
Median Home Value
$1,765/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Merrimack County, New Hampshire

Merrimack offers strong affordability fundamentals

Merrimack County's rent-to-income ratio of 16.5% beats both the national benchmark and New Hampshire's 17.7% state average. With a median income of $93,944—26% above the national median—residents enjoy robust earning power relative to housing costs.

Merrimack ranks among New Hampshire's best

Merrimack County's 16.5% rent-to-income ratio places it third-best in the state, trailing only Belknap and Coos counties. This solid affordability standing, combined with strong median income, makes Merrimack an attractive option for budget-conscious New Hampshire relocators.

Better value than Hillsborough, Grafton

Merrimack's median rent of $1,293/month trails Hillsborough by $239 and Grafton by just $1 while offering incomes nearly $10,000 higher than Grafton. Compared to Hillsborough and Grafton—the state's least affordable—Merrimack delivers measurably better housing value.

Balanced costs with strong income cushion

Renters pay $1,293/month while homeowners spend $1,765/month, a significant gap suggesting homeownership carries affordability trade-offs at this price point. With median income of $93,944, housing consumes roughly 16-17% of household earnings, providing healthy reserves.

Merrimack balances affordability and opportunity

Merrimack County combines strong median income ($93,944) with below-average housing costs, making it an excellent choice for relocators seeking financial stability. Compare with Belknap for similarly strong affordability, or consider Merrimack if you need slightly higher earning potential.

Affordability Calculator

See how your income compares to housing costs in Merrimack County

$

Rent Burden

16.5%

of gross income

Max Housing (28% Rule)

$2,192

per month

Owner Cost Burden

22.5%

of gross income

The median home in Merrimack County may be a stretch

Median home value is $330,600. Estimated monthly cost: $2,639 vs. your max of $2,192.

Rent Affordability Guide

Your rent-to-income ratio16.5%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Merrimack County, New Hampshire?
Merrimack County, New Hampshire has a median monthly rent of $1,293/mo and a median home value of $330,600. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Merrimack County?
The median gross rent in Merrimack County is $1,293/mo. This is 2% above state average for New Hampshire.
Is Merrimack County affordable?
Merrimack 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 Merrimack County's rent compare to the state average?
Merrimack County's median rent of $1,293/mo is 2% above state average of $1,273/mo for New Hampshire.
What is the median home value in Merrimack County?
The median home value in Merrimack County, New Hampshire is $330,600. This is 17% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.