Total monthly cost of ownership
Cost to Own a Home in Winchester, New Hampshire
A $207,000 home here costs
$2,017per 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 $86,500 a year.
A standard mortgage calculator would have told you $1,129. The real number is $889 higher every month, 79% more than the payment most buyers budget for.
Compare Cheshire County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Winchester from a five-year rolling sample, and with about 1,394 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Cheshire County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Winchester against Cheshire County and New Hampshire
| Measure | Winchester | Cheshire County |
|---|---|---|
| Median home value | $206,900 | $257,200 |
| Median property tax | $5,107 | $5,968 |
| Effective tax rate | 2.468% | 2.320% |
| Median gross rent | $1,028 | $1,220 |
| Population | 1,394 | 76,945 |
The weather behind that power bill
Winchester sits in Cheshire County, which averages a high of 81.9°F in its hottest month and a low of 10.4°F in its coldest, with 46.11" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 375 cooling and 7,501 heating degree days, which is what sets the $171 electricity line above.
See the full climate breakdown for Cheshire County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Cheshire County
Full Cheshire County cost breakdown · Every county in New Hampshire
Talk to someone who works this market
These are Winchester 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 Winchester every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Winchester I already own here and may sell
Common questions
How much does it cost to own a home in Winchester?
A $207,000 home in Winchester, New Hampshire costs approximately $2,017 per month with 20% down at 7.24%. That is $1,129 principal and interest, $426 property tax, $51 homeowners insurance, $239 utilities and $173 set aside for maintenance.
What is the property tax rate in Winchester?
Winchester has an effective property tax rate of 2.468%, based on a median home value of $206,900 and median real estate taxes of $5,107. That is higher than the Cheshire County average of 2.320%.
What is the average home price in Winchester?
The median owner-occupied home value in Winchester, New Hampshire is $206,900, against $257,200 across Cheshire County.
Is it cheaper to rent or buy in Winchester?
Median gross rent in Winchester is $1,028 a month, against $2,017 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 Winchester?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Winchester, New Hampshire at today's rate takes a household income of roughly $86,500 a year. That covers the full $2,017 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Winchester, 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.