States › New Hampshire › Laconia

Is Laconia, NH expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,8666% higher than U.S. average
💵 Families earn per year (2026)$78,966about $6,581/month · 9% lower than U.S. average
🔑 House price$340,3002% higher than U.S. average

Rent is higher than in 61% of U.S. cities. A typical house costs about 4.3 years of household income. Commutes are short, about 17 minutes.

How much money do I need?

To rent here comfortably, you should earn about $74,640 a year. That is $36 an hour at a full-time job.

Is rent cheaper than other New Hampshire cities?

Yes. Rent here is cheaper than in most of New Hampshire. It is number 11 of 26 cities from cheapest to most expensive.

Laconia
$1,866
Lebanon
$2,023
Derry
$1,776
Claremont
$1,878
Portsmouth
$2,405
Keene
$1,500
Londonderry
$1,974

How much do households earn in Laconia?

Under $25k
14.0%
$25k–50k
24.8%
$50k–100k
32.9%
$100k–150k
13.9%
$150k+
10.0%

Share of households by yearly income. 24.0% of households earn $100,000 or more.

Rent by apartment size in Laconia

SizeLaconiaU.S. average
Studio$1,020$1,338
1 bedroom$1,184$1,324
2 bedrooms$1,484$1,509
3 bedrooms$1,920$1,698

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

How expensive is Laconia 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 Laconia, so the New Hampshire figure is shown.

Taxes and bills in Laconia

🏛️ Property tax$4,484a year · 1.32% of home value · U.S. $3,119
⚡ Electric bill$143a month (typical) · U.S. $156

Life in Laconia

Commute to work17 minU.S.: 26.4 min
College degree27.2%U.S.: 35.7%
Own their home64.2%U.S.: 65.2%
Below poverty line12.6%U.S.: 12.5%
Unemployment3.1%U.S.: 5.2%

Is it cheaper to rent or buy in Laconia?

Renting is cheaper right now: about $495 a month less.

Renting
$1,866
Owning
$2,361

Owning assumes a typical $340,300 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $34,030 for the down payment.

Frequently asked questions

What is the average rent in Laconia, NH?

Renting in Laconia costs a median of about $1,866 a month in 2026, including utilities. The New Hampshire median is $1,916.

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

To keep rent under 30% of income, you need about $74,640 a year, or $36 an hour at a full-time job.

Is Laconia cheap or expensive?

Laconia is rated OK: rent takes 28.4% of the typical household income of $78,966. It ranks 11th cheapest of 26 New Hampshire cities we track.

How much are property taxes in Laconia?

The median homeowner in Laconia pays $4,484 a year in property taxes, about 1.32% of the median home value.

Is Laconia 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 Laconia?

The median home value in Laconia is $340,300, about 4.3 times the typical yearly household income.

17,085 people live in Laconia. Numbers are typical (middle) values.