Can A Carpenter Afford Rent in Nashua, NH?

Rent-burdened — rent takes 42.4% of gross income.

Nashua rent: June 2026. Salary: BLS OEWS May 2024 (New Hampshire state estimate).

Nashua median rent
$2,216/mo
Carpenter salary (New Hampshire)
$62,768/yr
Rent as % of income
42.4%
Gross monthly income works out to about $5,231, and the 30% rule supports up to $1,569/mo in rent. Nashua's median rent of $2,216 exceeds that threshold by $647/mo, putting a carpenter salary into the rent-burdened range here. A carpenter works roughly 73.4 hours a month to cover that rent.

About rent and a carpenter salary

Carpenter pay sits modestly above the US median household income and covers comfortable rent in most lower- and mid-cost metros. Union carpenters in high-cost cities often earn well above the BLS mean. At the national-average carpenter salary, the 30% rule supports about $1,524 a month in rent.

Cheaper rent nearby

These New Hampshire cities have lower median rent than Nashua, which improves the affordability math on a carpenter salary:

Dover, NH
$2,203/mo (42.1% of income)
Exeter, NH
$2,200/mo (42.1% of income)
Derry, NH
$2,196/mo (42% of income)

Compare with full rent data for Nashua

View full rent data for Nashua, NH

Frequently asked questions

Can a carpenter afford rent in Nashua, NH?

Median rent in Nashua is $2,216 a month. A typical carpenter in New Hampshire earns about $62,768 a year, which makes that rent 42.4% of gross monthly income. Under the 30% rule, the answer is no — rent exceeds the 30% threshold.

How much rent can a carpenter afford in Nashua?

Using the 30% rule, a carpenter salary in New Hampshire (~$62,768/yr) supports up to $1,569 a month in rent. Nashua's current median rent is $2,216/mo, which is $647/mo over the affordability threshold.

How many hours does a carpenter work to cover rent in Nashua?

At an hourly equivalent of about $30 an hour, a carpenter in New Hampshire works roughly 73.4 hours a month to cover Nashua's median rent of $2,216.

Where is rent cheaper than Nashua for a carpenter?

Nearby New Hampshire cities with lower median rent include Dover ($2,203/mo), Exeter ($2,200/mo), Derry ($2,196/mo). Each shifts the affordability math materially on a carpenter salary.

Methodology: Salary uses the BLS-derived New Hampshire state estimate from OEWS May 2024. Rent is the most recent ZORI monthly value for Nashua, NH. Affordability applies the 30% rule (rent ≤ 30% of gross income). Real take-home varies with taxes, household composition, overtime, tips, and benefits.