New Hampshire · Population 115,415 · Updated March 2026
How far your income goes in Manchester
State-level tax rates that affect your costs
Manchester is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Manchester residents can expect to pay median rent of $1,465/month while earning a median household income of $77,415/year.
The median home value in Manchester, NH is $336,300, with typical monthly owner costs around $1,548 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.7% 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 Manchester.
Common questions about living costs in Manchester
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