New Hampshire may be known for its charming small towns, rugged White Mountains, and no sales tax, but it’s also home to a rising cost of living in many areas.
If you’re looking to settle down in the Granite State without breaking the bank, you’re in luck. From peaceful countryside communities to family-friendly towns with affordable housing, there are still places where you can stretch your dollar.
Here are seven of the cheapest places to live in New Hampshire for 2025 — perfect for those seeking budget-friendly living without sacrificing quality of life.
1. Claremont – Affordable Living with a Historic Touch
Claremont is a small city on the western edge of New Hampshire, and it consistently ranks as one of the most affordable places to live in the state. With a median home price well below the state average, this community offers charming old architecture, walkable downtown streets, and scenic river views.
Claremont has been investing in revitalization efforts, which makes it attractive for newcomers and young families. If you’re looking for a low-cost lifestyle in a town with a strong historical character, Claremont could be your ideal landing spot.
2. Berlin – A Hidden Gem in the North Country
Berlin is one of the most budget-friendly cities in New Hampshire, especially for renters and homebuyers. Tucked in the state’s northern region, this former mill town offers low property taxes and some of the most affordable real estate prices in New England.
It’s a great choice for outdoor lovers thanks to its proximity to the White Mountains and the Androscoggin River. While it’s more remote than other parts of the state, Berlin is perfect for those looking for peace, nature, and a low cost of living.
3. Franklin – On the Rise and Still Affordable
Franklin is a city that’s beginning to see some revitalization, especially as developers and residents recognize its potential. Located along the Winnipesaukee River, Franklin boasts affordable homes, new recreational projects, and a growing small-business scene.
As more people move north to escape the higher prices of cities like Manchester or Concord, Franklin remains one of the last affordable frontiers in central New Hampshire. It’s especially appealing to first-time homebuyers or retirees looking for good value.
4. Laconia – Lakeside Living Without the Luxury Price Tag
Laconia, located in the Lakes Region, offers the best of both worlds: scenic beauty and affordability. While surrounding towns like Meredith and Gilford may have higher home values, Laconia still maintains reasonable housing costs for those who want lakeside charm on a tighter budget.
Laconia has solid schools, family-friendly neighborhoods, and easy access to Lake Winnipesaukee. Whether you’re into boating, fishing, or just relaxing with mountain views, this city allows you to enjoy it all at a fraction of the cost.
5. Rochester – A Budget Option Close to the Seacoast
Living near New Hampshire’s small but stunning coastline doesn’t have to be expensive. Rochester, located just 25 minutes from Portsmouth, offers affordable housing options and proximity to the beach without the sky-high prices.
Rochester has a growing job market, decent public schools, and plenty of dining and shopping choices. Its central location also makes it ideal for commuters who work in Dover or Portsmouth but want to save on rent or mortgages.
6. Keene – Artsy, Historic, and Economical
Keene is a small college town in southwestern New Hampshire with a vibrant downtown, lots of charm, and lower-than-average housing prices. It’s a cultural hub with festivals, bookstores, coffee shops, and theater — making it a great fit for creatives, students, and families alike.
With access to hiking trails, Mount Monadnock, and local farms, Keene combines affordability with an excellent quality of life. You can enjoy the perks of a liberal arts town without the big-city price tag.
7. Somersworth – Small City with a Smart Budget
Somersworth may be one of the smallest cities in New Hampshire, but it offers big value for those seeking budget-friendly living. Situated near the Maine border, it provides access to both Seacoast attractions and the convenience of urban centers like Dover.
Home prices and rental rates in Somersworth are typically below the state average, and the community is seeing new development in housing and retail. It’s a solid choice for working professionals, young couples, or retirees looking to live simply and affordably.
Final Thoughts
While New Hampshire is often associated with upscale resort towns and pricey real estate, there are still plenty of places where affordability, comfort, and charm coexist. These seven cities and towns provide excellent options for those looking to make a smart financial move in 2025.
Whether you’re drawn to lakeside living, historic mill towns, or quiet mountain communities, New Hampshire’s more affordable locations prove you don’t have to sacrifice quality of life for cost. Keep your eyes on these hidden gems — they might just be the best-kept secrets in the Granite State.
