Zip 02339 (Hanover, MA) Cost of Living


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How much do I need to live in Hanover, Massachusetts?
$10,710 / month
for a family, 98.3% more expensive than the national average A total of $128,520 for the year for a family.
$5,733 / month
for a single person, 20.3% more expensive than the national average A total of $68,800 for the year for a single person.

Hanover cost of living score
131.3
More expensive
31.3% higher
than the US average
3.0% higher
than the Massachusetts average
Hanover (zip 02339), Massachusetts gets a BestPlaces Cost of Living score of 131.3, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 31.3% higher than the U.S. average and 3.0% lower than the average for Massachusetts.

Zip 02339 (Hanover, MA)

Housing costs in Hanover?
A typical home costs $670,900, which is 98.4% more expensive than the national average of $338,100 and 20.4% more expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Hanover costs $2,140 per month, which is 49.7% more than the national average of $1,430 and close to the state average of $2,140.

Can I afford Hanover?
To live comfortably in Hanover (zip 02339), Massachusetts, a minimum annual income of $128,520 for a family, and $68,800 for a single person is recommended.

What does A.I. say about Hanover?
The cost of living in 02339 Hanover, MA is fairly high. The median home value is $469,900 and the median rent price is $1,964 per month. This area has a higher cost of living than the national average. Groceries are also more expensive than average here as well. Utilities are low, however, with electricity rates being 8% lower than the national average. Healthcare costs are slightly above average, but overall Hanover still provides an abundance of amenities at reasonable prices.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHanoverMassachusettsUnited States
    Unlock127.5100.0
  110.9  Unlock100.0
    Unlock90.2100.0
  223.7  Unlock100.0
    Unlock$557,300$338,100
  114.1  Unlock100.0
    Unlock107.9100.0
  139.7  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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