Hanover, New Jersey vs. Olney, Maryland

Cost of Living Comparison

The cost of living in Olney, Maryland is 14.9% cheaper than Hanover, New Jersey.

You would need a salary of $42,573 in Olney, Maryland to maintain the standard of living you have in Hanover, New Jersey.
Comparison highlights
• Overall, Olney, Maryland is cheaper than Hanover, New Jersey
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
10% cheaper in Olney
than in Hanover, New Jersey
Hanover, NJ vs. Olney, MD
Compared to Hanover, Olney is:
  Homeowner
      No Child Care, Taxes not Considered
  14.9% lower
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Renter
      No Child Care, Taxes not Considered
      Child Care, Taxes not Considered
      Child Care, Taxes Considered
      No Child Care, Taxes Considered
  Food
  4.7% higher
  Housing (Homeowner)
  2.7% lower
  Housing (Rent)
  Median Home Cost
  Utilities
  1.8% higher
  Commute
  7.6% higher
  Health
  12.7% lower
  Taxes
  Childcare
  Personal
  15.9% lower