NH · Rank 43 of 50 affordable
Can teachers afford to live in New Hampshire?
Tight, but workable.
The average New Hampshire teacher earns $64,046 per year. A typical 2-bedroom rents for about $1,955/mo, which is 37% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$64,046
Cost-of-Living Index
115
US avg = 100
Affordability Score
28/100
Renting in New Hampshire
2BR Rent / mo
$1,955
Annual Rent
$23,460
% of Salary
37%
Left after rent
$3,382/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in New Hampshire
Median Home Price
$483,000
10% Down
$48,300
P&I (7%, 30yr)
$2,892/mo
Full PITI
$3,476/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.