Cost of Living in Hanover, OH

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

114.0

100 = national avg

+14.0 vs national average

Living Wage (1 Adult)

$50,158

per year

Living Wage (Family of 4)

$118,555

per year

Cost Index by Category

Housing
108.2
Food
114.3
Transportation
116.8
Healthcare
111.4
Utilities
110.2

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,194

per month

2 Bedroom

$1,430

per month

The overall cost of living index in Hanover is 114.0, which is 14.0% above the national average. Housing costs are above the national average at an index of 108.2. A single adult needs to earn approximately $50,158 per year to cover basic expenses.