Cost of Living in Hanover, AL
Population: 163 | Alabama
Hanover is 4% less expensive than the national average.
Cost of Living in Hanover, AL: What You Need to Know
With a cost of living index of 96, Hanover, AL is slightly more affordable than average. Living here is 4% cheaper than the national average and 22% above the Alabama state average of 74. Hanover is a small community of 163 residents.
The median household income in Hanover is $105,429, which is 40% higher than the national median of $75,149.
Climate is another factor for anyone considering a move to Hanover. The area sees an average annual temperature of 63°F, with summers averaging 79°F and winters around 47°F. Annual rainfall totals 56.4 inches spread over roughly 113 days. The mild climate is a draw for many residents and keeps utility costs moderate year-round.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $105,429
- vs US Median ($75,149)
- +40%
Housing
- Median Monthly Housing Cost
- $291/mo
Climate in Hanover
NOAA 30-year normals (1991-2020)
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 56 | 60 | 68 | 75 | 81 | 87 | 90 | 89 | 85 | 76 | 65 | 57 |
| Avg °F | 45 | 49 | 56 | 62 | 70 | 77 | 80 | 79 | 74 | 64 | 53 | 47 |
| Low °F | 34 | 38 | 44 | 50 | 59 | 67 | 70 | 69 | 63 | 52 | 41 | 37 |
| Rain" | 5.9 | 5.5 | 6.0 | 5.2 | 4.2 | 4.5 | 4.7 | 3.8 | 3.5 | 3.6 | 4.6 | 5.0 |