The short version
- Social Security taxed?
- No
- Income tax
- No income tax
- Property tax on a $300,000 home
- ≈ $4,500 / yr ($375 / mo)
- Everyday cost index (U.S. = 100)
- 111
- January / July high
- 32°F / 83°F
- Sales tax (state + local avg)
- 0.00%
Retiring in New Hampshire
No income tax and no sales tax, near Boston's hospitals and the White Mountains. Watch out: property taxes are the third-highest in the nation.
How New Hampshire taxes your retirement income
Social Security: not taxed at all.
Pensions: No state income tax.
401(k) and IRA withdrawals: No state income tax — the interest and dividends tax was repealed Jan 1, 2025.
The setup: No income tax.
Property tax & senior breaks
The average effective property tax rate is about 1.50% — roughly $4,500 a year ($375 a month) on a $300,000 home. Your county sets the real number.
Help for seniors: Optional elderly exemption (towns set amounts); low-income property tax relief from the state.
Try your own home value in the Property Tax Estimator.
Everyday costs & sales tax
Overall cost of living runs about 11% above the U.S. average. The combined state and average local sales tax is 0.00%.
Weather
January days top out around 32°F and July days around 83°F, with roughly 198 sunny days a year. Watch out for: Blizzards and long cold winters.
Healthcare
Dartmouth Hitchcock anchors care; Boston hospitals are within reach.