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Barbee, IN vs Hanover, IN

90
Barbee
Indiana
VS
+27%
71
Hanover
Indiana

There is a significant gap in the cost of living between these two cities. Hanover is 27% cheaper than Barbee. With a cost index of 71 vs 90, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Hanover to Barbee should plan for substantially higher expenses across most categories.

On the housing front, median rent in Barbee is $1,338/month compared to $913/month in Hanover — a 47% difference. Home values follow the same pattern: Hanover is more affordable at $126,300 median vs $202,100.

Median household income in Barbee is $65,625 compared to $58,194 in Hanover (+12.8%). Barbee does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Barbee spend roughly 24.5% of their income on rent, more than the 18.8% in Hanover.

Income & Cost

Cost of Living Index
Barbee
90
Hanover
71
21% cheaper
Median Household Income
Barbee
$65,625
11% higher
Hanover
$58,194

Housing

Median Rent
Barbee
$1,338
Hanover
$913
32% cheaper
Median Home Value
Barbee
$202,100
Hanover
$126,300
38% cheaper
Population
Barbee
1,298
Hanover
3,584

Salary Equivalency Calculator

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