Total monthly cost of ownership
Cost to Own a Home in Laconia, New Hampshire
A $309,000 home here costs
$2,603per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,589. The real number is $1,015 higher every month — 64% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Laconia against Belknap County and New Hampshire
| Measure | Laconia | Belknap County |
|---|---|---|
| Median home value | $308,800 | $340,000 |
| Median property tax | $4,400 | $4,897 |
| Effective tax rate | 1.425% | 1.440% |
| Median gross rent | $1,180 | $1,184 |
| Population | 16,982 | 64,300 |
The weather behind that power bill
Laconia sits in Belknap County, which averages a high of 82.1°F in its hottest month and a low of 11.7°F in its coldest, with 45.61" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 529 cooling and 7,102 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Belknap County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Belknap County
Full Belknap County cost breakdown · Every county in New Hampshire
Common questions
How much does it cost to own a home in Laconia?
A $309,000 home in Laconia, New Hampshire costs approximately $2,603 per month with 20% down at 6.66%. That is $1,589 principal and interest, $367 property tax, $77 homeowners insurance, $314 utilities and $258 set aside for maintenance.
What is the property tax rate in Laconia?
Laconia has an effective property tax rate of 1.425%, based on a median home value of $308,800 and median real estate taxes of $4,400. That is lower than the Belknap County average of 1.440%.
What is the average home price in Laconia?
The median owner-occupied home value in Laconia, New Hampshire is $308,800, against $340,000 across Belknap County.
Is it cheaper to rent or buy in Laconia?
Median gross rent in Laconia is $1,180 a month, against $2,603 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Laconia — 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.