Cost Of Living in Hanover, WI

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hanover	Wisconsin	National
Cost of living	82	96	100
Goods & Services	89	97	100
Groceries	97	99	100
Health care	101	112	100
Housing	54	88	100
Transportation	110	98	100
Utilities	87	102	100

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Cost Of Living Quick Facts

The cost of living in Hanover is 15% lower than the Wisconsin average
The cost of living in Hanover is 18% lower than the national average
Hanover housing is 46% lower than the national average
Wisconsin general sales tax is 2% lower than the national average
Wisconsin state income tax is 36% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$50,781	$4,232	$1,185	$1,524
Renters	$0	$0	$0	$0

Wisconsin Sales Tax

State	General Sales Tax	With Max Surtax
Wisconsin	5%	6.75%

Wisconsin Income Tax

State	Income Tax (Low)	Income Tax (High)
Wisconsin	3.54%	7.65%

Goods & Services

Item	Hanover	National avg.	Difference
Haircut	$19.94	$24.26	17.8%
Beauty Salon	$36.22	$45.56	20.5%
Toothpaste	$3.58	$3.70	3.2%
Shampoo	$1.27	$1.28	1.1%
Movie	$12.73	$12.13	4.9%
Bowling	$12.67	$18.00	29.6%

Groceries

Item	Hanover	National avg.	Difference
Ground Beef	$5.72	$5.84	2.0%
Fried Chicken	$1.42	$1.57	9.9%
Milk	$4.63	$4.67	0.9%
Potatoes	$4.82	$4.93	2.3%
Pizza	$10.99	$12.09	9.1%
Beer	$9.56	$10.41	8.2%

Health Care

Item	Hanover	National avg.	Difference
Optometrist	$79.67	$125.68	36.6%
Doctor	$158.33	$135.78	16.6%
Dentist	$110.16	$113.29	2.8%
Ibuprofen	$10.57	$10.65	0.8%
Lipitor	$460.30	$468.60	1.8%

Housing

Item	Hanover	National avg.	Difference
Home Price	$99,400.00	$184,700.00	46.2%
Avg. Mortgage Payment	$1,465.09	$2,346.69	37.6%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Hanover	National avg.	Difference
Gasoline	$3.69	$3.46	6.7%
Tire Balancing	$70.28	$59.92	17.3%

Utilities

Item	Hanover	National avg.	Difference
All Electricity	$147.39	$193.99	24.0%
Phone	$198.03	$192.25	3.0%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Beloit, WI	36,804	84	15.7%
Durand, IL	1,493	85	15.2%
Footville, WI	1,018	86	13.9%
Davis, IL	470	86	13.8%
Brodhead, WI	3,211	87	13.3%
Hanover, WI	119	82	18.3%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Hunter, AR	119	76	23.6%
Seibert, CO	119	93	7.4%
Lloyd, FL	119	77	23.0%
Allentown, GA	119	89	10.9%
Woodburn, IA	119	76	24.1%
Hanover, WI	119	82	18.3%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Hanover, WI