When it comes to choosing where to live, one of the primary factors people consider is the cost of living. If you’re deciding between Maine and New Hampshire, the costs of housing will likely be your main consideration. Here’s a breakdown of how the two states compare:
Housing costs in Maine are more affordable than in New Hampshire.
The median home cost in Maine is $231,000, while in New Hampshire it’s $304,000.
Rent prices are also lower, with the average monthly rent for a one-bedroom apartment being $949 in Maine and $1212 in New Hampshire.
Some areas in Maine can be expensive, such as coastal towns, but on average, Maine is more affordable for housing.
While New Hampshire offers many great qualities like Maine, housing costs are a serious consideration for those planning to live in the state.
The median house price in New Hampshire is $304,000 which is substantially higher than that of Maine.
Rent prices are also steep, with the average monthly rent for a one-bedroom apartment being $1212 in New Hampshire.
However, wages and job opportunities tend to be higher in New Hampshire which offsets the cost of living higher than Maine.
Overall, both states have their pros and cons when it comes to affordability, but if you’re looking for more reasonable housing costs, Maine is the better option. Ultimately, however, it’s all about what you prioritize the most when choosing a place to call home.