Laconia, NH

Average · 91

New Hampshire · Population 16,982 · Updated March 2026

$1,180
Median Rent / Month
$68,427
Median Income
$308,800
Median Home Value
$1,354
Owner Costs / Month

Affordability

How far your income goes in Laconia

20.7%
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

$14,160
Annual Rent
$0
State Income Tax
$5,744
Property Tax (est.)

Cost of Living Overview

Laconia offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 91 (where 100 equals the national median), Laconia residents can expect to pay median rent of $1,180/month while earning a median household income of $68,427/year.

The median home value in Laconia, NH is $308,800, with typical monthly owner costs around $1,354 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.7% 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 Laconia.

Frequently Asked Questions

Common questions about living costs in Laconia

What is the cost of living in Laconia, NH?
The cost of living index in Laconia, NH is 91 (US average = 100). Median monthly rent is $1,180, median household income is $68,427/year, and the median home value is $308,800.
Is Laconia, NH affordable?
Yes, Laconia is more affordable than the national average with a cost index of 91. The rent-to-income ratio is 20.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Laconia, NH?
The median gross rent in Laconia, NH is $1,180 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,160.
What is the median household income in Laconia?
The median household income in Laconia, NH is $68,427 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.