New Hampshire cost increases rank among highest as Joint Economic Committee releases household spending data

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New Hampshire ranked third for housing cost increases, sixth for electricity, eighth overall, and ninth for gas cost increases in new Joint Economic Committee data.
New Hampshire families paid an extra $1,455 for housing, $220 for electricity, and $1,029 for gas since Trump's inauguration and the start of the Iran War.
Home heating oil costs surged $610 year-over-year to $1,494 per tank, pushing projected winter heating bills up 39% to $2,402, while ACA premiums rose over 50% and deductibles increased $1,000.

Committee data highlight housing and energy pressures

As reported by Joint Economic Committee Democrats, citing the U.S. Congress Joint Economic Committee - Minority, New Hampshire ranks third nationally for housing cost increases, sixth for electricity cost increases, eighth for overall cost increases and ninth for gas cost increases per family.

The committee says New Hampshire families have had to spend an additional $1,455 on housing costs such as rent and mortgage payments since Trump took office last year. It also says families spent an additional $140 on electricity in 2025 compared with 2024, and another $220 more in the first seven months of 2026 than in the same period of 2024.

Fuel costs are also adding to the strain. The committee estimates New Hampshire residents have spent an additional $546 million on gas since the start of the Iran War, with the average family paying an extra $1,029 at the pump.

Home heating oil prices in the state are at record highs, according to the release. It says filling a heating oil tank now costs about $1,494, or $610 more than at the same time last year, and total household heating costs this winter would reach $2,402 if prices remain at current levels, up 39% from last winter.

Groceries and healthcare add to household burden

Beyond energy and housing, the committee says grocery and healthcare expenses are continuing to climb for families in New Hampshire and across the U.S.

Americans paid an additional $310 for groceries in Trump's first year compared with 2024, while grocery prices are now more than 4% higher than when he took office, the data show. The release says ground beef prices have risen almost every month to a record high of more than $7 per pound, while coffee prices have climbed to more than $9 per pound.

Healthcare costs are also rising sharply. The committee says monthly premiums for Affordable Care Act plans rose by more than 50% on average in 2026 from a year earlier after ACA tax cuts were not extended, while deductibles increased by more than $1,000 on average to record highs.

Senator Maggie Hassan, the committee's ranking member, says the updated fact sheets are part of an ongoing effort to measure how administration policies are affecting families. She argues tariffs, the Iran War and other actions are pushing up costs in all 50 states, while separate independent findings recently indicated many household goods prices would have fallen last year without the tariffs.

In our earlier article on the spike in oil shipping costs, we explained how conflict-related risks around key tanker routes drove freight and insurance rates sharply higher, turning transport into a much larger share of the final oil price. We also noted that these higher logistics costs can filter through from the fuel market into broader consumer prices, adding to pressure on everyday household expenses.

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