Peabody, Massachusetts vs. Hanover, Massachusetts

Cost of Living Comparison

The cost of living in Hanover, Massachusetts is 11.5% more expensive than Peabody, Massachusetts.

You would need a salary of $55,768 in Hanover, Massachusetts to maintain the standard of living you have in Peabody, Massachusetts.
Comparison highlights
• Overall, Hanover, Massachusetts is more expensive than Peabody, Massachusetts
• Median Home Cost is the biggest factor in the cost of living difference.
Median Home Cost
20% more expensive in Hanover
than in Peabody, Massachusetts
Peabody, MA vs. Hanover, MA
Compared to Peabody, Hanover is:
  Homeowner
      No Child Care, Taxes not Considered
  11.5% higher
      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
  1.8% higher
  Housing (Homeowner)
  9.2% higher
  Housing (Rent)
  Median Home Cost
  Utilities
  4.0% higher
  Commute
  35.4% higher
  Health
  1.1% higher
  Taxes
  Childcare
  Personal
  0.7% lower