Total monthly cost of ownership
Cost to Own a Home in Claremont, New Hampshire
A $172,000 home here costs
$1,833per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $78,500 a year.
A standard mortgage calculator would have told you $938. The real number is $895 higher every month, 95% more than the payment most buyers budget for.
Compare Sullivan County with anywhere in America · full county breakdown
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Claremont against Sullivan County and New Hampshire
| Measure | Claremont | Sullivan County |
|---|---|---|
| Median home value | $171,900 | $236,300 |
| Median property tax | $5,638 | $5,616 |
| Effective tax rate | 3.280% | 2.377% |
| Median gross rent | $1,077 | $1,159 |
| Population | 13,054 | 43,529 |
The weather behind that power bill
Claremont sits in Sullivan County, which averages a high of 80.1°F in its hottest month and a low of 9.1°F in its coldest, with 41.95" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 329 cooling and 7,835 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Sullivan County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Sullivan County
Full Sullivan County cost breakdown · Every county in New Hampshire
Talk to someone who works this market
These are Claremont averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Claremont every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Claremont I already own here and may sell
Common questions
How much does it cost to own a home in Claremont?
A $172,000 home in Claremont, New Hampshire costs approximately $1,833 per month with 20% down at 7.24%. That is $938 principal and interest, $470 property tax, $43 homeowners insurance, $239 utilities and $143 set aside for maintenance.
What is the property tax rate in Claremont?
Claremont has an effective property tax rate of 3.280%, based on a median home value of $171,900 and median real estate taxes of $5,638. That is higher than the Sullivan County average of 2.377%.
What is the average home price in Claremont?
The median owner-occupied home value in Claremont, New Hampshire is $171,900, against $236,300 across Sullivan County.
Is it cheaper to rent or buy in Claremont?
Median gross rent in Claremont is $1,077 a month, against $1,833 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Claremont?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Claremont, New Hampshire at today's rate takes a household income of roughly $78,500 a year. That covers the full $1,833 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Claremont, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for New Hampshire.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.