Cost of living in Hanover

In Hanover, United States, a family of four typically needs around $5155 per month including rent. A single person may spend about $2140 monthly.

How expensive is Hanover compared to other cities?

Compared to the European benchmark, Hanover is 50% more expensive overall.

How does Hanover compare to your city?

Hanover is 35% cheaper than New York City, without rent.

Rent in Hanover is, on average, 54% lower than in New York City.

What drives the cost of living in Hanover?

Who is Hanover a good fit for?

Hanover tends to fit higher-income residents who can comfortably absorb housing costs. It can be challenging on a moderate budget, mainly due to rent and utilities.

FAQ

Why is Hanover so expensive?

The high cost of living in Hanover is primarily driven by rent and utilities, which significantly impact overall expenses.

Is food expensive in Hanover?

Yes, food costs are 52% higher than the European benchmark, making dining and grocery shopping more costly.

Is public transport affordable in Hanover?

Public transport is relatively affordable, being 23% lower than the European benchmark, providing some relief in commuting costs.

Cost of living breakdown

Cost of Living, one person, including rent
2140 $
Without Rent
923 $
Rent & Utilities
1217 $
Food
722 $
Transport
57 $
Monthly Salary, after tax
4151 $
GDP per Capita
81,695 $
Freedom Index
8.39
Lifespan
77 years
Speak English
96%
Population
16.4K

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Update Prices

Restaurants

Lunch menu, inexpensive restaurant 25.1 $
Dinner 110 $
Fast food, McDonalds or KFC 12 $
Beer, 0.5 L or 16 fl oz 6.53 $
Capuccino 5.6 $
Coke, 330ml 2.86 $

Compare Hanover with:

Markets

Milk, 1 L or 1 qt 1.04 $
Bread, 0.5 kg or 1 lb 3.87 $
Rice, 1 kg or 2 lb 5.85 $
Eggs, 12 pack 4.48 $
Cheese, 1 kg or 2 lb 15.7 $
Chicken Breast, 1 kg or 2 lb 10.5 $
Round Steak, 1 kg or 2 lb 18 $
Apples, 1 kg or 2 lb 6.68 $
Banana, 1 kg or 2 lb 1.68 $
Oranges, 1 kg or 2 lb 4.87 $
Tomato, 1 kg or 2 lb 5.56 $
Potato, 1 kg or 2.2 lb 3.35 $
Onion, 1 kg or 2.2 lb 3.31 $
Water, 1 L or 1 qt 1.43 $
Coca-Cola / Pepsi, 2 L or 67.6 fl oz 2.29 $
Wine, 750 mL bottle 13.6 $
Beer, 0.5 L or 16 fl oz 1.97 $
Cigarette pack 14.1 $

Transportation

One-way Ticket 2.3 $
Monthly Pass 58.5 $
Gas or Petrol, 1l or 0.26 gal 0.92 $
Taxi, 8 km 18.5 $

Personal Care

Doctor Visit, private clinic 78.6 $
Cold medicine, for 1 week 7.63 $
Hair Shampoo, 400 ml or 12 oz. 4.05 $
Toilet paper, 4 rolls 3.42 $
Toothpaste, 1 tube 1.85 $

Utilities per Month

1 person, electricity, heating, water & garbage 137 $
Family of 4, electricity, heating, water & garbage 212 $
Internet plan, +60 Mbps 69.9 $

Rent per Month

1 Bedroom Apartment, outside of center, 40 sq.m 986 $
3 Bedroom Apartment, outside of center, 85 sq.m 1,807 $
1 Bedroom Apartment, in city center, 40 sq.m 1,102 $
3 Bedroom Apartment, in city center, 85 sq.m 2,048 $

Buy Apartment Price

Price per Square Meter to Buy Apartment, in city center 2,173 $
Price per Square Meter to Buy House, in suburbs 1,978 $

Salaries and Financing

Average Monthly Net Salary, after tax 4,151 $
Mortgage Interest Rate, for 20 years fixed-rate 6.78%

Sports and Leisure

Fitness Club, Monthly Fee for 1 Adult 39.8 $
Cinema, 1 seat 15.1 $
Haircut 15.4 $

Clothing and Shoes

Brand Sneakers, mid-range, Nike or similar 126 $
Brand Jeans, Levis 501 45.8 $

Childcare

Preschool, full day, monthly for 1 child 1,282 $
International Primary School, yearly for 1 child 20,478 $

Compare Hanover with other top cities

Cayman Islands
Hanover vs George Town (George Town is 70% more expensive)
Bahamas
Hanover vs Nassau (Nassau is 29% more expensive) Hanover vs Freeport (Freeport is 3% more expensive)
Vanuatu
Hanover vs Port Vila (Port Vila is 10% more expensive) Hanover vs Luganville (Luganville is 43% more expensive)
United States
Hanover vs New York City (New York City is 89% more expensive) Hanover vs Los Angeles (Los Angeles is 49% more expensive) Hanover vs Chicago (Chicago is 25% more expensive) Hanover vs Houston (Houston is 5% more expensive) Hanover vs Phoenix (Phoenix is 11% more expensive) Hanover vs Philadelphia (Philadelphia is 19% more expensive) Hanover vs San Antonio (San Antonio is 3% more expensive) Hanover vs San Diego (San Diego is 56% more expensive) Hanover vs Dallas (Dallas is 19% more expensive) Hanover vs San Jose (San Jose is 72% more expensive)
Canada
Hanover vs Toronto (Toronto is 20% more expensive) Hanover vs Montreal (Montreal is 9% less expensive) Hanover vs Calgary (Calgary is 0% more expensive) Hanover vs Ottawa (Ottawa is 4% more expensive) Hanover vs Edmonton (Edmonton is 17% less expensive) Hanover vs Winnipeg (Winnipeg is 18% less expensive) Hanover vs Mississauga (Mississauga is 16% more expensive) Hanover vs Vancouver (Vancouver is 24% more expensive) Hanover vs Brampton (Brampton is 1% less expensive) Hanover vs Hamilton (Hamilton is 1% more expensive)
Barbados
Hanover vs Bridgetown (Bridgetown is 36% less expensive) Hanover vs Holetown (Holetown is 35% less expensive)
Panama
Hanover vs Panama City (Panama City is 35% less expensive) Hanover vs Colon (Colon is 45% less expensive) Hanover vs Tocumen (Tocumen is 42% less expensive) Hanover vs Santiago de Veraguas (Santiago de Veraguas is 51% less expensive) Hanover vs David (David is 61% less expensive) Hanover vs La Chorrera (La Chorrera is 55% less expensive) Hanover vs Balboa (Balboa is 42% less expensive) Hanover vs Pacora (Pacora is 42% less expensive) Hanover vs Chitre (Chitre is 49% less expensive) Hanover vs Penonome (Penonome is 49% less expensive)
Saint Kitts And Nevis
Hanover vs Basseterre (Basseterre is 42% less expensive) Hanover vs Cayon (Cayon is 42% less expensive)
Cuba
Hanover vs Havana (Havana is 52% less expensive) Hanover vs Santiago de Cuba (Santiago de Cuba is 34% less expensive) Hanover vs Holguin (Holguin is 40% less expensive) Hanover vs Camaguey (Camaguey is 29% less expensive) Hanover vs Santa Clara (Santa Clara is 51% less expensive) Hanover vs Bayamo (Bayamo is 46% less expensive) Hanover vs Guantanamo (Guantanamo is 27% less expensive) Hanover vs Las Tunas (Las Tunas is 27% less expensive) Hanover vs Pinar del Rio (Pinar del Rio is 49% less expensive) Hanover vs Cienfuegos (Cienfuegos is 59% less expensive)
Costa Rica
Hanover vs San Jose (San Jose is 42% less expensive) Hanover vs Limon (Limon is 44% less expensive) Hanover vs Liberia (Liberia is 58% less expensive) Hanover vs Alajuela (Alajuela is 42% less expensive) Hanover vs Puntarenas (Puntarenas is 40% less expensive) Hanover vs Cartago (Cartago is 55% less expensive) Hanover vs Heredia (Heredia is 42% less expensive) Hanover vs Tamarindo (Tamarindo is 21% less expensive) Hanover vs Santa Teresa (Santa Teresa is 39% less expensive)
Saint Lucia
Hanover vs Castries (Castries is 46% less expensive) Hanover vs Vieux Fort (Vieux Fort is 44% less expensive)
Jamaica
Hanover vs Kingston (Kingston is 38% less expensive) Hanover vs Spanish Town (Spanish Town is 63% less expensive) Hanover vs Montego Bay (Montego Bay is 52% less expensive) Hanover vs Half Way Tree (Half Way Tree is 46% less expensive) Hanover vs May Pen (May Pen is 62% less expensive) Hanover vs Mandeville (Mandeville is 54% less expensive) Hanover vs Old Harbour (Old Harbour is 60% less expensive) Hanover vs Linstead (Linstead is 51% less expensive) Hanover vs Savanna-la-Mar (Savanna-la-Mar is 48% less expensive) Hanover vs Port Antonio (Port Antonio is 47% less expensive)
El Salvador
Hanover vs San Salvador (San Salvador is 44% less expensive) Hanover vs Santa Ana (Santa Ana is 67% less expensive) Hanover vs Soyapango (Soyapango is 45% less expensive) Hanover vs San Miguel (San Miguel is 49% less expensive) Hanover vs Mejicanos (Mejicanos is 46% less expensive) Hanover vs Apopa (Apopa is 46% less expensive) Hanover vs Santa Tecla (Santa Tecla is 44% less expensive) Hanover vs Ahuachapan (Ahuachapan is 32% less expensive) Hanover vs Usulutan (Usulutan is 49% less expensive) Hanover vs Sonsonate (Sonsonate is 59% less expensive)
Antigua And Barbuda
Hanover vs St. John's (St. John's is 49% less expensive) Hanover vs All Saints (All Saints is 49% less expensive)
Grenada
Hanover vs St. George's (St. George's is 50% less expensive) Hanover vs Grenville (Grenville is 50% less expensive)
Dominica
Hanover vs Roseau (Roseau is 53% less expensive) Hanover vs Portsmouth (Portsmouth is 47% less expensive)
Saint Vincent
Hanover vs Kingstown (Kingstown is 54% less expensive) Hanover vs Georgetown (Georgetown is 53% less expensive)
Belize
Hanover vs Belize City (Belize City is 59% less expensive) Hanover vs San Ignacio (San Ignacio is 49% less expensive) Hanover vs Belmopan (Belmopan is 66% less expensive) Hanover vs San Pedro Town (San Pedro Town is 38% less expensive) Hanover vs Caye Caulker (Caye Caulker is 26% less expensive)
Guatemala
Hanover vs Guatemala City (Guatemala City is 53% less expensive) Hanover vs Mixco (Mixco is 70% less expensive) Hanover vs Coban (Coban is 57% less expensive) Hanover vs Quetzaltenango (Quetzaltenango is 64% less expensive) Hanover vs Jalapa (Jalapa is 58% less expensive) Hanover vs San Miguel Petapa (San Miguel Petapa is 58% less expensive) Hanover vs Momostenango (Momostenango is 59% less expensive) Hanover vs Mazatenango (Mazatenango is 59% less expensive) Hanover vs Flores (Flores is 60% less expensive) Hanover vs Panajachel (Panajachel is 63% less expensive)
Honduras
Hanover vs Tegucigalpa (Tegucigalpa is 61% less expensive) Hanover vs San Pedro Sula (San Pedro Sula is 51% less expensive) Hanover vs Choloma (Choloma is 72% less expensive) Hanover vs La Ceiba (La Ceiba is 70% less expensive) Hanover vs El Progreso (El Progreso is 59% less expensive) Hanover vs Villanueva (Villanueva is 60% less expensive) Hanover vs Comayagua (Comayagua is 67% less expensive) Hanover vs Puerto Cortes (Puerto Cortes is 66% less expensive) Hanover vs Yoro (Yoro is 66% less expensive) Hanover vs La Lima (La Lima is 59% less expensive)
Dominican Republic
Hanover vs Santiago de los Caballeros (Santiago de los Caballeros is 63% less expensive) Hanover vs Santo Domingo (Santo Domingo is 51% less expensive) Hanover vs Puerto Plata (Puerto Plata is 64% less expensive) Hanover vs Higuey (Higuey is 64% less expensive) Hanover vs La Vega (La Vega is 73% less expensive) Hanover vs San Cristobal (San Cristobal is 61% less expensive) Hanover vs San Pedro de Macoris (San Pedro de Macoris is 66% less expensive) Hanover vs San Francisco de Macoris (San Francisco de Macoris is 75% less expensive) Hanover vs San Juan de la Maguana (San Juan de la Maguana is 71% less expensive) Hanover vs Bonao (Bonao is 75% less expensive)
Nicaragua
Hanover vs Managua (Managua is 64% less expensive) Hanover vs Leon (Leon is 70% less expensive) Hanover vs Masaya (Masaya is 67% less expensive) Hanover vs Matagalpa (Matagalpa is 74% less expensive) Hanover vs Chinandega (Chinandega is 70% less expensive) Hanover vs Esteli (Esteli is 72% less expensive) Hanover vs Granada (Granada is 67% less expensive) Hanover vs Jinotega (Jinotega is 79% less expensive) Hanover vs Juigalpa (Juigalpa is 69% less expensive) Hanover vs San Juan del Sur (San Juan del Sur is 58% less expensive)