Housing costs in New Hanover?
A typical home costs
$421,400, which is 24.6% more expensive than the national average of
$338,100 and 73.6% more expensive than the average Pennsylvania home, at
$242,800. Renting a two-bedroom unit in New Hanover costs
$1,330 per month, which is 7.0% cheaper than the national average of
$1,430 and 9.0% more than the state average of
$1,210.
Can I afford New Hanover?
To live comfortably in New Hanover, Pennsylvania, a minimum annual income of
$80,640 for a family, and
$44,000 for a single person is recommended.
What does A.I. say about New Hanover?
New Hanover, PA is a great place to call home, not only because of the house median value being $421,400 compared to the US average of $338,100. but also for its cost of living which is 113.5 compared to the US average of 100. This means that New Hanover has a cost of living that is 13.5% higher than the US average, making it more expensive to live there than some other places in the US. However, this cost of living may be worth it given the higher house values and quality of life in New Hanover.