Total monthly cost of ownership
Cost to Own a Home in Nashua, New Hampshire
A $373,000 home here costs
$3,179per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,918. The real number is $1,262 higher every month — 66% 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.
Nashua against Hillsborough County and New Hampshire
| Measure | Nashua | Hillsborough County |
|---|---|---|
| Median home value | $373,100 | $385,500 |
| Median property tax | $6,535 | $6,791 |
| Effective tax rate | 1.752% | 1.762% |
| Median gross rent | $1,652 | $1,532 |
| Population | 91,131 | 424,732 |
The weather behind that power bill
Nashua sits in Hillsborough County, which averages a high of 83.4°F in its hottest month and a low of 14.3°F in its coldest, with 46.04" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 546 cooling and 6,825 heating degree days, which is what sets the $246 electricity line above.
See the full climate breakdown for Hillsborough County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Hillsborough County
Full Hillsborough County cost breakdown · Every county in New Hampshire
Common questions
How much does it cost to own a home in Nashua?
A $373,000 home in Nashua, New Hampshire costs approximately $3,179 per month with 20% down at 6.66%. That is $1,918 principal and interest, $545 property tax, $93 homeowners insurance, $314 utilities and $311 set aside for maintenance.
What is the property tax rate in Nashua?
Nashua has an effective property tax rate of 1.752%, based on a median home value of $373,100 and median real estate taxes of $6,535. That is lower than the Hillsborough County average of 1.762%.
What is the average home price in Nashua?
The median owner-occupied home value in Nashua, New Hampshire is $373,100, against $385,500 across Hillsborough County.
Is it cheaper to rent or buy in Nashua?
Median gross rent in Nashua is $1,652 a month, against $3,179 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 Nashua — 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.