Carey, OH vs Hanover, OH
There is a significant gap in the cost of living between these two cities. Carey is 15.5% cheaper than Hanover. With a cost index of 66 vs 78, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Carey to Hanover should plan for substantially higher expenses across most categories.
On the housing front, median rent in Carey is $795/month compared to $900/month in Hanover — a 12% difference. Home values follow the same pattern: Carey is more affordable at $123,300 median vs $220,500.
Median household income in Carey is $68,056 compared to $84,115 in Hanover (-19.1%). While Hanover is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Carey spend roughly 14% of their income on rent, more than the 12.8% in Hanover.
Climate-wise, both cities share similar average temperatures (52.4°F vs 53.2°F). Hanover receives more rainfall at 38.8" per year compared to 33.8" in Carey.
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Climate
NOAA 30-year normals (1991-2020)