Salem, NH Cost of Living

Salem, NH: A Homebuyer’s Heaven

Cost of Living

The cost of living is one of the most important factors to research when shopping around for a potential new home. Grocery prices, healthcare and other living expenses quickly add up, draining your income and savings. Salem, NH, however, is one of the most affordable cities to live in, ranking number 7 in the U.S. in overall affordability. The state of New Hampshire does not charge a sales or personal income tax, making NH a state with one of the lowest overall tax burdens in the U.S as well.

Additionally, Salem’s diverse housing market consisting of historic as well as modern and new construction properties has an average sale price of $370,800, an affordable range for prospective buyers. So, not only will living in Salem’s prime location give you access to beautiful neighborhoods and a quick commute to Boston, but the city’s low cost of living will allow you to spend more of your budget on what you truly enjoy.

Location

With its assortment of historic and modern, new construction homes in beautiful neighborhoods, Salem ranks number 14 for the Best Suburbs to Live in New Hampshire according to Niche.com. The town is close to local schools, shopping and restaurants and is also a quick commute to the big city of Boston. The accommodating city allows you to feel at home with options galore at your fingertips.

Top Notch School District

One of the many reasons Salem, NH is a highly sought-after location for homebuyers with families is the city’s top-notch school district. Nearby schools offer pre-k to 12th grade, a teacher ratio of 12 to 1 and a 95% graduation rate, so parents can be assured that their children will excel in each and every grade. In fact, niche.com ranks Salem schools highly on the following lists:

• #8 in their list of “Best School Districts in NH”
• #11 in “Best School Districts for Athletes in NH”
• #13 in “Districts with the Best Teachers in NH”

 With such a fantastic reputation for schools, parents can be assured that Salem will meet the needs of the entire family.

If you’re actively looking to buy a house in Salem, get in touch with us at Verani Realty, your trusted and driven realtors in Salem, and throughout the great Granite State. Or, start browsing homes and real estate for sale in Salem, NH online today. When you’re ready to make a move, we’re ready to show you the best homes in Salem, NH that are available on the market today.