Nashua, NH

Above Avg · 119

New Hampshire · Population 91,131 · Updated March 2026

$1,652
Median Rent / Month
$92,457
Median Income
$373,100
Median Home Value
$1,767
Owner Costs / Month

Affordability

How far your income goes in Nashua

21.4%
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

$19,824
Annual Rent
$0
State Income Tax
$6,940
Property Tax (est.)

Cost of Living Overview

Nashua is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 119 (where 100 equals the national median), Nashua residents can expect to pay median rent of $1,652/month while earning a median household income of $92,457/year.

The median home value in Nashua, NH is $373,100, with typical monthly owner costs around $1,767 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.4% 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 Nashua.

Frequently Asked Questions

Common questions about living costs in Nashua

What is the cost of living in Nashua, NH?
The cost of living index in Nashua, NH is 119 (US average = 100). Median monthly rent is $1,652, median household income is $92,457/year, and the median home value is $373,100.
Is Nashua, NH affordable?
No, Nashua is more expensive than the national average with a cost index of 119. The rent-to-income ratio is 21.4%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Nashua, NH?
The median gross rent in Nashua, NH is $1,652 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,824.
What is the median household income in Nashua?
The median household income in Nashua, NH is $92,457 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.