Dover, NH

Above Avg · 118

New Hampshire · Population 33,070 · Updated March 2026

$1,540
Median Rent / Month
$92,748
Median Income
$398,500
Median Home Value
$1,718
Owner Costs / Month

Affordability

How far your income goes in Dover

19.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in New Hampshire

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
0%
Sales Tax
1.86%
Property Tax Rate

Estimated Annual Costs

$18,480
Annual Rent
$0
State Income Tax
$7,412
Property Tax (est.)

Cost of Living Overview

Dover is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 118 (where 100 equals the national median), Dover residents can expect to pay median rent of $1,540/month while earning a median household income of $92,748/year.

The median home value in Dover, NH is $398,500, with typical monthly owner costs around $1,718 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

New Hampshire has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 0% sales tax rate and 1.86% effective property tax rate, the overall tax environment helps keep costs manageable in Dover.

Frequently Asked Questions

Common questions about living costs in Dover

What is the cost of living in Dover, NH?
The cost of living index in Dover, NH is 118 (US average = 100). Median monthly rent is $1,540, median household income is $92,748/year, and the median home value is $398,500.
Is Dover, NH affordable?
No, Dover is more expensive than the national average with a cost index of 118. The rent-to-income ratio is 19.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Dover, NH?
The median gross rent in Dover, NH is $1,540 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $18,480.
What is the median household income in Dover?
The median household income in Dover, NH is $92,748 per year. This compares to the national median of approximately $80,000.
What are the taxes like in New Hampshire?
New Hampshire has a top income tax rate of 0%, a sales tax of 0%, and an effective property tax rate of 1.86%. Notably, there is no state income tax.