States › New Hampshire › Concord

Is Concord, NH expensive to live in?

ExpensiveRent takes 30 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,31132% higher than U.S. average
💵 Families earn per year (2026)$91,567about $7,631/month · 5% higher than U.S. average
🔑 House price$350,9005% higher than U.S. average

Concord is the 3rd-largest city in New Hampshire that we track, with 44,375 residents. Rent is higher than in 80% of U.S. cities. A typical house costs about 3.8 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $92,440 a year. That is $44 an hour at a full-time job.

Is rent cheaper than other New Hampshire cities?

No. Rent here is more expensive than in most of New Hampshire. It is number 22 of 26 cities from cheapest to most expensive.

Concord
$2,311
$2,373
$2,176
$1,500
$2,291
$1,776

How much do households earn in Concord?

Under $25k
12.1%
$25k–50k
17.8%
$50k–100k
35.4%
$100k–150k
20.3%
$150k+
11.1%

Share of households by yearly income. 31.4% of households earn $100,000 or more.

Rent by apartment size in Concord

SizeConcordU.S. average
Studio$1,037$1,338
1 bedroom$1,272$1,324
2 bedrooms$1,720$1,509
3 bedrooms$2,227$1,698
4 bedrooms$2,256$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Concord overall?

Everyday prices in New Hampshire overall are 4% above the U.S. average (index 104.2, U.S. = 100).

Housing
115
Goods (food, clothes…)
99
Utilities
134
Other services
104
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Concord, so the New Hampshire figure is shown.

Taxes and bills in Concord

🏛️ Property tax$7,227a year · 2.06% of home value · U.S. $3,119
⚡ Electric bill$134a month (typical) · U.S. $156

Life in Concord

Commute to work23 minU.S.: 26.4 min
College degree42.3%U.S.: 35.7%
Own their home56.8%U.S.: 65.2%
Below poverty line8.9%U.S.: 12.5%
Unemployment4.1%U.S.: 5.2%

Is it cheaper to rent or buy in Concord?

Renting is cheaper right now: about $124 a month less.

Renting
$2,311
Owning
$2,435

Owning assumes a typical $350,900 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $35,090 for the down payment.

Frequently asked questions

What is the average rent in Concord, NH?

Renting in Concord costs a median of about $2,311 a month in 2026, including utilities. The New Hampshire median is $1,916.

How much do I need to make to live in Concord?

To keep rent under 30% of income, you need about $92,440 a year, or $44 an hour at a full-time job.

Is Concord cheap or expensive?

Concord is rated Expensive: rent takes 30.3% of the typical household income of $91,567. It ranks 22nd cheapest of 26 New Hampshire cities we track.

How much are property taxes in Concord?

The median homeowner in Concord pays $7,227 a year in property taxes, about 2.06% of the median home value.

Is Concord more expensive than the national average?

Overall prices in New Hampshire are 4% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Concord?

The median home value in Concord is $350,900, about 3.8 times the typical yearly household income.

44,375 people live in Concord. Numbers are typical (middle) values.