What it costs to live and work in New Hampshire: the minimum wage, state income tax, sales tax and median rent, from official sources, and what they mean for your monthly budget.
| New Hampshire | Source | |
|---|---|---|
| Minimum wage | $7.25 an hour | US Department of Labor, State Minimum Wage Laws (updated July 1, 2026) |
| State income tax | none | Tax Foundation, State Individual Income Tax Rates and Brackets, 2026 |
| State sales tax | none | Tax Foundation, State and Local Sales Tax Rates, Midyear 2026 (as of July 1, 2026) |
| Median gross rent | $1,558 a month (2024) | US Census Bureau, ACS 2024 1-year estimates, table B25064 Median Gross Rent |
New Hampshire's minimum wage is $7.25 an hour, the same as the federal rate.
New Hampshire has no tax on wages, and its interest and dividends tax was repealed for tax periods beginning on or after January 1, 2025.
New Hampshire has no general sales tax, state or local.
What income does rent in New Hampshire take?
A common rule of thumb is to keep rent at or below 30 % of gross income. At the median rent of $1,558 a month, that means a household income of about $62,300 a year before tax.
Sources
- US Department of Labor, State Minimum Wage Laws (updated July 1, 2026) (2026-07-01)
- Tax Foundation, State Individual Income Tax Rates and Brackets, 2026 (2026-02-19)
- Tax Foundation, State and Local Sales Tax Rates, Midyear 2026 (as of July 1, 2026) (2026-07-06)
- US Census Bureau, ACS 2024 1-year estimates, table B25064 Median Gross Rent (2025-09)
- NH Department of Revenue Administration, TIR 2023-003 (HB 2, Interest and Dividends Tax repeal) (2023)