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Broadlands, IL vs Hanover, IL

70
Broadlands
Illinois
VS
+10.7%
63
Hanover
Illinois

Hanover is moderately more affordable than Broadlands, with a 10.7% lower cost of living index. Broadlands scores 70 compared to 63 for Hanover, where the US average is 100. This difference means residents of Broadlands can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Broadlands is $961/month compared to $751/month in Hanover — a 28% difference. Home values follow the same pattern: Hanover is more affordable at $86,200 median vs $114,300.

Median household income in Broadlands is $67,917 compared to $39,583 in Hanover (+71.6%). While Broadlands is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Broadlands spend roughly 17% of their income on rent, less than the 22.8% in Hanover.

Income & Cost

Cost of Living Index
Broadlands
70
Hanover
63
10% cheaper
Median Household Income
Broadlands
$67,917
42% higher
Hanover
$39,583

Housing

Median Rent
Broadlands
$961
Hanover
$751
22% cheaper
Median Home Value
Broadlands
$114,300
Hanover
$86,200
25% cheaper
Population
Broadlands
288
Hanover
847

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Broadlands $2.85
Hanover
US $3.07
🥚
Eggs (grade A, large)
Broadlands $2.33
Hanover
US $2.50
🥛
Milk (whole)
Broadlands $3.75
Hanover
US $4.03
🍞
Bread (white)
Broadlands $1.72
Hanover
US $1.85
🍗
Chicken breast
Broadlands $3.86
Hanover
US $4.14
Electricity
Broadlands $0.17
Hanover
US $0.19