The cost of living in New Hampshire vs Massachusetts – A rundown
When you’re thinking about relocation, the living expenses you might encounter are probably among the biggest factors affecting your decision. Moving to a new state can be a big step. However, before you move, it’s important to understand the cost of living in your potential new home. Today we’re going to compare the cost of living in New Hampshire vs Massachusetts. Fortunately, here at Preferred Movers NH we have a lot of experience with clients based in both of these two states. Therefore, we are here to share that experience and knowledge with you. With us on your side, you’ll have more than enough information about both states and you’ll be able to make a decision based on the facts we share with you. If the cost of living is a deciding factor for your relocation, you’re at the best place possible. So, without further ado, let’s get started.
Factors that determine the cost of living in New Hampshire vs Massachusetts
You might expect two border-sharing states to be very similar when it comes to the cost of living, but there are a lot of differences between New Hampshire and Massachusetts. These differences are a product of several factors. Economists consider different cities in different countries and then they observe the cost of some goods people need to be able to live an average life. Firstly, there’s food and your general day-to-day expenses. Secondly, there’s housing. Thirdly, you have to consider healthcare. Lastly, utilities, taxes, and transport all affect your living expenses in a major way. By learning about both New Hampshire and Massachusetts, you’ll be able to predict your expenses depending on where you choose to live, so if the transport is more expensive in one place, but you’re in a position to walk to work, consider that.
How to research the cost of living before you decide where to move
Like any other research related to your new potential home, you should handle this with patience and care. There are a lot of things to consider. Housing might seem cheaper in one place, but what about the property taxes and utilities? You should take all of these things into consideration before you decide where to move. The cost of living doesn’t provide you with a black-and-white investigation. Maybe one state offers you better gas prices, but worse transport situations? The more time you take investigating these things, the better you’ll handle your relocation. Moreover, you won’t have to set off on this journey alone. Both states offer you great options when it comes to movers, so reach out for some expert advice. From our New Hampshire professionals to our movers Gloucester can provide, every one of our experts is eager and ready to help.
Choosing between New Hampshire and Massachusetts
Although you’re investigating primarily the cost of living in New Hampshire vs Massachusetts, you should know a bit more about your chosen two states. If you’re in a good financial situation and this factor isn’t automatically a deciding one, knowing some other things about New Hampshire and Massachusetts enables you to maybe even decide that the more expensive state is worth the cost. However, we don’t have a clear favorite when it comes to these two states. Your unique taste will be the best possible guide. Therefore, we’ll be here if you need moving services NH or MA can provide, so investigate your options and give us a call. These two states differ in much more than just living expenses, so you should research a bit about both of them. This way, when you add the cost of living into the equation, your decision will be even easier.
What to expect from New Hampshire
New Hampshire is the fifth smallest state by area in the USA. It’s located north of Massachusetts, with Southern New Hampshire included in the Greater Boston Area. If you’re a fan of charming and peaceful towns, and small communities with a beautiful New England style in architecture, New Hampshire is the perfect place for you. Our local movers NH can offer are here to lend you a hand whenever you need it, so don’t be afraid to let this wonderful place charm you. At the 2020 census, the population of New Hampshire was just below 1.4 million. However, even if on the smaller side, this state ranks fourth highest in the country when it comes to the median household income. In 2017, this number was around $75,000. With a small population and a high living standard, New Hampshire stands as one of the best places to raise a family.
Living in Massachusetts
If you’re considering Massachusetts as the next place to call home, our movers Andover MA can provide can share a lot of experience and knowledge about the whole state. The capital of Massachusetts is Boston, the most populous city in the New England area and the center of the Greater Boston region. Over time, Massachusetts from being a mostly manufacturing community to being one of the world’s leaders in biotechnology, finance, maritime trade, and engineering. It’s easy to say that you will find a lot of job opportunities here. Massachusetts has a lot to offer when it comes to every kind of entertainment. From various creative arts to some of the best sports teams in the USA, you’ll find everything right here. This is a densely populated state, with around seven million people living within its borders.
Comparing the cost of living in New Hampshire vs Massachusetts
Now that you know more about both New Hampshire and Massachusetts, the time has come for us to talk about the cost of living directly. However, you should still keep in mind all the differences between the two states. If one state seems more expensive than the other, maybe it offers better-paid jobs? Take everything into consideration before comparing the cost of living in New Hampshire vs Massachusetts. We have selected and compared the widely recognized primary categories of living expenses, so you can look at the situation in both states. Fortunately, from our Boston movers to our movers Windham NH has to offer, we boast a lot of experts who work with clients from these two states all the time. Therefore, we have both the numbers and practical advice to give you. Here’s a list of expenses we will compare in New Hampshire vs Massachusetts:
- Housing prices
- Healthcare costs
- The general cost of living in New Hampshire vs Massachusetts
Buying or renting a home will always be a major financial decision. Fortunately, some of the best long distance movers New Hampshire has to offer are on your side, and they have helped many clients during their relocation. Therefore, we have more than enough experience with housing prices in both New Hampshire and Massachusetts. You will have to pay more in Massachusetts, whether you decide to buy or rent. The median home cost in Massachusetts is $510.000. At the same time, this number in New Hampshire ranges from about $148.000 in Berlin to around $402.000 in Manchester.
When it comes to healthcare, according to the Bureau of Economic Analysis Personal Consumption Expenditures, a single person in New Hampshire spends about $8,759 a year. This expense is ranked as 95.6 compared to the national average of 100. However, in Massachusetts, healthcare costs about 18% less than the national average. Also, this state boasts a larger number of physicians per capita than the average in the USA. Therefore, Massachusetts is cheaper and more convenient when it comes to healthcare-related expenses.
When it comes to utilities you need for everyday life, Massachusetts is more expensive than New Hampshire. However, this doesn’t have to be a bad thing. Once you investigate job opportunities and consider everything, you might find some things are going to even out. Utilities aren’t that much more expensive, so before you decide where to move, look to other categories for information.
The general cost of living in New Hampshire vs Massachusetts
When it comes to the general cost of living in New Hampshire vs Massachusetts, we’ll talk about groceries and your usual day-to-day expenses. Some of our best movers Nashua NH residents have trusted over the years have a lot of first-hand experience when it comes to these things, so we can provide you with some good information. As with everything else, you can expect quite a few differences when it comes to general lifestyle expenses in New Hampshire vs Massachusetts. Here are some examples of things to look out for:
- Transportation. A single person in Massachusetts spends around $69 on transport, while that service costs around $46 per month in New Hampshire.
- Groceries. These are also a bit more expensive in Massachusetts than in New Hampshire. However, the difference isn’t too big. You will pay around $534 per month in the first state, while you’ll need around $516 in the second.
- Consider the salary. Massachusetts is generally more expensive than New Hampshire, but it does offer a larger salary on average. With a lot of different job opportunities in the Greater Boston area especially, you might find it possible to forget about larger expenses with a good career.
Massachusetts may be a bit more expensive, but it has a lot to offer.
How do the prices in New Hampshire and Massachusetts compare to the rest of the USA?
With all the information available to us in the modern day, it’s relatively easy to compare the living expenses in New Hampshire and Massachusetts to the rest of the USA. However, keep in mind that the cost of living is prone to change, especially during economically uncertain times. Therefore, consider this information a useful tool, but not something to live by. In general, Massachusetts is considered to be about 1.16 times more expensive than the national average. As opposed to that, New Hampshire should be around 1.03 times more expensive than the average for the United States. However, while most of the other things are above the national living index of 100, the healthcare price in Massachusetts is only 83.7. Therefore, if you consider affordable healthcare a priority, you might find that information valuable.
Ask for advice when investigating the cost of living in New Hampshire vs Massachusetts
When you’re dealing with an important life factor like the cost of living in New Hampshire vs Massachusetts, you should accept all the help you can get. Your decision will be final anyway and your taste will be the main judge when the time comes to choose. However, it’s always better if you take some time to ask for expert advice before you make a decision. That way you’ll be able to come to much better conclusions. You’ll rely on facts and information. Therefore, contact one of the best moving companies in Massachusetts. You’ll have much more knowledge at your disposal. Your movers have already dealt with similar relocations and they have a lot of experience. They worked with clients in both New Hampshire and Massachusetts. Because of that, don’t be afraid to ask questions. The more you know, the easier your decision will be.
To sum up, when investigating the cost of living in New Hampshire vs Massachusetts, you might notice that NH seems like a less expensive choice. However, not everyone compares the two just to choose where to relocate between them. Maybe you’re based in New Hampshire and you have a great new job opportunity in Massachusetts? Therefore, you might simply wish to learn as much as you can about the differences you will encounter. Whatever your situation is, we are equipped to lend you a hand. As some of the best state to state movers you can hire, we know a lot about all the states you might consider for your new home. Give us a call and don’t let the task ahead intimidate you. With us on your side, your move will be a smooth and memorable experience. All you have to do is give us a call.