Housing costs in Hanover?
A typical home costs
$372,700, which is 10.2% more expensive than the national average of
$338,100 and 8.6% more expensive than the average Virginia home, at
$343,200. Renting a two-bedroom unit in Hanover costs
$1,340 per month, which is 6.3% cheaper than the national average of
$1,430 and 4.5% cheaper than the state average of
$1,400.
Can I afford Hanover?
To live comfortably in Hanover Virgi County, Virginia, a minimum annual income of
$71,280 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Hanover?
Hanover, VA County is an expensive place to live. According to the data, the median house value is $372,700 which is significantly higher than the US average of $338,100. Additionally, the cost of living in Hanover County is 102.4, which is 2.4 points higher than the US average of 100. This suggests that goods and services cost more in this area than in other parts of the country. Those who choose to call Hanover County home must be prepared for a higher cost of living than they would experience elsewhere.