Zip 23069 (Hanover, VA) Cost of Living

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Hanover cost of living score
More expensive
2.4% higher
than the US average
1.7% lower
than the Virginia average
Hanover (zip 23069), Virginia gets a BestPlaces Cost of Living score of 102.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 2.4% higher than the U.S. average and 1.7% higher than the average for Virginia.

Zip 23069 (Hanover, VA)

Housing costs in Hanover?
A typical home costs $326,500, which is 3.4% less expensive than the national average of $338,100 and 4.9% less expensive than the average Virginia home, at $343,200. Renting a two-bedroom unit in Hanover costs $1,520 per month, which is 8.6% more than the national average of $1,400 and 12.5% more than the state average of $1,330.

Can I afford Hanover?
To live comfortably in Hanover (zip 23069), Virginia, a minimum annual income of $62,640 for a family, and $54,000 for a single person is recommended.

What does A.I. say about Hanover?
The cost of living in 23069 Hanover, VA is slightly higher than the national average but is still quite affordable. In this part of the state, the median home price is around $230,000 and the median rent is approximately $1,100 a month. Additionally, groceries and utilities tend to be a bit cheaper than other parts of Virginia due to its close proximity to major cities. Hanover residents have access to plenty of amenities such as grocery stores, shopping centers, restaurants, entertainment venues and parks. All these factors make the area an attractive place to live for people who want to enjoy a reasonable cost of living without sacrificing quality or convenience.
   Cost of living score
     CategoriesHanoverVirginiaUnited States

   100=National Average

   Average Rent by Bedroom Size

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