Hanoverton, OH Cost of Living


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Hanoverton cost of living score
73.2
Less expensive
26.8% lower
than the US average
11.5% lower
than the Ohio average
Hanoverton, Ohio gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 11.5% higher than the average for Ohio.

Hanoverton, OH

Housing costs in Hanoverton?
A typical home costs $148,600, which is 56.0% less expensive than the national average of $338,100 and 24.6% less expensive than the average Ohio home, at $197,000. Renting a two-bedroom unit in Hanoverton costs $820 per month, which is 42.7% cheaper than the national average of $1,430 and 19.5% cheaper than the state average of $980.

Can I afford Hanoverton?
To live comfortably in Hanoverton, Ohio, a minimum annual income of $28,440 for a family, and $27,200 for a single person is recommended.

What does A.I. say about Hanoverton?
The cost of living in Hanoverton, OH is relatively low compared to other parts of the state. Housing costs are especially affordable, with the median home value being just over $100,000. The area also has an average tax rate which makes it attractive for those looking for a good balance between taxes and living expenses. Groceries and other necessities are also quite affordable in the area. In general, the overall cost of living in Hanoverton makes it an ideal place to live for anyone looking for low-cost housing and amenities.
   Cost of living score
     CategoriesHanovertonOhioUnited States
  73.282.7100.0
  97.596.1100
  86.688.7100.0
  43.561.6100.0
  $148,600$197,000$338,100
  93.5%100.0%100.0%
  74.483.9100.0
  82.389.3100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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