Cost of Living in Hanover, NH
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
221.7
100 = national avg
+121.7 vs national average
Living Wage (1 Adult)
$97,533
per year
Living Wage (Family of 4)
$230,533
per year
Cost Index by Category
Housing300.4
Food153.4
Transportation206.8
Healthcare142.7
Utilities172.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,455
per month
2 Bedroom
$1,909
per month
The overall cost of living index in Hanover is 221.7, which is 121.7% above the national average. Housing costs are above the national average at an index of 300.4. A single adult needs to earn approximately $97,533 per year to cover basic expenses.