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Altoona, PA vs Hanover, PA

64
Altoona
Pennsylvania
VS
-23.2%
84
Hanover
Pennsylvania

There is a significant gap in the cost of living between these two cities. Altoona is 23.2% cheaper than Hanover. With a cost index of 64 vs 84, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Altoona to Hanover should plan for substantially higher expenses across most categories.

On the housing front, median rent in Altoona is $789/month compared to $1,095/month in Hanover — a 28% difference. Home values follow the same pattern: Altoona is more affordable at $113,600 median vs $200,900.

Median household income in Altoona is $50,171 compared to $64,135 in Hanover (-21.8%). The higher salaries in Hanover partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Altoona spend roughly 18.9% of their income on rent, less than the 20.5% in Hanover.

Income & Cost

Cost of Living Index
Altoona
64
23% cheaper
Hanover
84
Median Household Income
Altoona
$50,171
Hanover
$64,135
22% higher

Housing

Median Rent
Altoona
$789
28% cheaper
Hanover
$1,095
Median Home Value
Altoona
$113,600
43% cheaper
Hanover
$200,900
Population
Altoona
43,508
Hanover
16,483

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Altoona $3.01
Hanover $3.01
US $3.07
🥚
Eggs (grade A, large)
Altoona $2.46
Hanover $2.46
US $2.50
🥛
Milk (whole)
Altoona $3.96
Hanover $3.96
US $4.03
🍞
Bread (white)
Altoona $1.82
Hanover $1.82
US $1.85
🍗
Chicken breast
Altoona $4.07
Hanover $4.07
US $4.14
Electricity
Altoona $0.22
Hanover $0.22
US $0.19