CostIndexUSA

Manchester, NH vs Springfield, MA Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

NH
Manchester
105.7
overall index
$2,100/mo rent
More AffordableMA
Springfield
96.1
overall index
$1,925/mo rent

Springfield is moderately cheaper than Manchester — 9.1% lower overall cost of living.

To match an $80,000 salary in Manchester, you would need $72,700 in Springfield. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing43.5%
Manchester
134.2
Springfield
75.8
🛒 Groceries0.7%
Manchester
97.7
Springfield
97
🚗 Transportation2.4%
Manchester
108.9
Springfield
106.3
🏥 Healthcare2.4%
Manchester
98.5
Springfield
96.1
Utilities+16.1%
Manchester
133.5
Springfield
155

Salary Equivalency Calculator

Enter your current salary in Manchester to see what you'd need to earn in Springfield to maintain the same purchasing power.

$
Equivalent salary in Springfield, MA
$72,700
$7,300 less needed in Springfield

Formula: salary × (96.1 ÷ 105.7) = salary × 0.9092. Based on BEA Regional Price Parities.

Housing Market

Manchester, NH

Median Home Price
$503,000
Median Monthly Rent
$2,100
Housing Index
134.2
Price-to-Rent Ratio
20.0×

Springfield, MA

Median Home Price
$356,000
Median Monthly Rent
$1,925
Housing Index
75.8
Price-to-Rent Ratio
15.4×

Manchester has 43.5% lower housing costs compared to Springfield.

Income & Job Market

Manchester, NH

Median Household Income
$103,700
Per Capita Income
$59,100
Unemployment Rate
2.1%
Population
115,644
Top Industries
HealthcareFinanceTechnologyManufacturingRetail

Springfield, MA

Median Household Income
$67,000
Per Capita Income
$38,200
Unemployment Rate
3.9%
Population
155,929
Top Industries
HealthcareEducationManufacturingFinanceGovernment

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Manchester, NH
4.1×income-to-rent ratio

76% of income left after rent (median)

Springfield, MA
2.9×income-to-rent ratio

66% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.