State Comparison

Maine vs New Hampshire

Side-by-side comparison of 16 financial metrics including taxes, housing costs, cost of living, wages, and insurance — powered by verified government data.

Overall Score

9
Maine
ME
1 tied
of 16 metrics
6
New Hampshire
NH

Cost of Living

Cost of Living Index
ME: 109.4
NH: 112.6
ME

Housing

Median Home Price
ME: $340,000
NH: $430,000
ME
Median 2BR Rent
ME: $1,120/mo
NH: $1,490/mo
ME
Closing Costs
ME: 3.00%
NH: 3.00%
Tie
Transfer Tax Rate
ME: 0.44%
NH: 0.75%
ME

Taxes

Property Tax Rate
ME: 1.20%
NH: 1.86%
ME
Top Income Tax Rate
ME: 7.15%
NH: None
NH
Sales Tax Rate
ME: 5.50%
NH: 0.00%
NH
Capital Gains Tax Rate
ME: 7.15%
NH: None
NH

Income & Employment

Median Household Income
ME: $64,767
NH: $83,449
NH
Minimum Wage
ME: $14.65/hr
NH: $7.25/hr
ME
Max Unemployment Benefit
ME: $445/wk
NH: $427/wk
ME

Business

LLC Filing Fee
ME: $175
NH: $100
NH
LLC Annual Fee
ME: $85
NH: $100
ME

Insurance & Living

Avg Car Insurance
ME: $1,240/yr
NH: $1,290/yr
ME
Avg Home Insurance
ME: $1,380/yr
NH: $1,280/yr
NH

Key Takeaways

  • 1

    Maine leads in 9 of 16 financial metrics, making it the more favorable state overall.

  • 2

    Housing: Median home prices are $340,000 in Maine vs $430,000 in New Hampshire — a $90,000 difference.

  • 3

    Taxes: Maine has a 7.15% top income tax rate while New Hampshire has no income tax. Property tax rates are 1.2% vs 1.86%.

  • 4

    Cost of Living: Maine's index is 109.4 and New Hampshire's is 112.6 (national average = 100).

Frequently Asked Questions

Is Maine or New Hampshire more affordable?

Maine has a lower cost of living index (109.4) compared to New Hampshire (112.6), where 100 is the national average. However, affordability depends on your specific situation — compare housing, taxes, and income together for a complete picture.

Which state has lower taxes — Maine or New Hampshire?

Overall, New Hampshire has a lower combined tax burden. Maine has a 7.15% top income tax, 5.5% sales tax, and 1.2% property tax. New Hampshire has no income tax, 0% sales tax, and 1.86% property tax.

What are housing costs in Maine vs New Hampshire?

The median home price in Maine is $340,000 compared to $430,000 in New Hampshire. For renters, a 2-bedroom apartment averages $1,120/month in Maine vs $1,490/month in New Hampshire.

Which state is better for starting a business — Maine or New Hampshire?

LLC filing costs are $175 in Maine vs $100 in New Hampshire, with annual fees of $85 and $100 respectively. Maine's 7.15% top tax rate compared to New Hampshire's tax-free status may also factor into your decision.

Should I move from Maine to New Hampshire?

It depends on your priorities. Maine wins in 9 of 16 metrics we compared. Use our free calculators to model your specific financial scenario — including salary, property tax, and cost of living for each state.

Comparing Maine and New Hampshire

When deciding between living in Maine or New Hampshire, the financial picture goes beyond just one metric. This comparison analyzes 16 key financial indicators sourced from the U.S. Census Bureau, Tax Foundation, HUD Fair Market Rent data, and Bureau of Labor Statistics to give you a comprehensive overview.

Maine (ME) has a median household income of $64,767 with a cost of living index of 109.4. New Hampshire (NH) has a median household income of $83,449 with a cost of living index of 112.6.

These numbers are estimates. Individual circumstances vary based on location within each state, family size, profession, and lifestyle. Use our free Maine calculator or New Hampshire calculator to model your specific financial scenario.

Data sources: Census Bureau ACS, Tax Foundation, HUD FMR, BLS. Last verified January 2026. Calculators provide estimates only — consult a qualified professional for financial advice.