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Chestnut Hill, PA vs Hanover, PA

117
Chestnut Hill
Pennsylvania
VS
+40.2%
84
Hanover
Pennsylvania

The cost of living difference between Chestnut Hill, PA and Hanover, PA is dramatic. Hanover is 40.2% cheaper than Chestnut Hill, a gap that translates to thousands of dollars per year in household expenses. Chestnut Hill has a cost index of 117 while Hanover sits at 84, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Chestnut Hill is $1,746/month compared to $1,095/month in Hanover — a 60% difference. Home values follow the same pattern: Hanover is more affordable at $200,900 median vs $362,800.

Median household income in Chestnut Hill is $125,417 compared to $64,135 in Hanover (+95.6%). While Chestnut Hill is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Chestnut Hill spend roughly 16.7% of their income on rent, less than the 20.5% in Hanover.

Income & Cost

Cost of Living Index
Chestnut Hill
117
Hanover
84
29% cheaper
Median Household Income
Chestnut Hill
$125,417
49% higher
Hanover
$64,135

Housing

Median Rent
Chestnut Hill
$1,746
Hanover
$1,095
37% cheaper
Median Home Value
Chestnut Hill
$362,800
Hanover
$200,900
45% cheaper
Population
Chestnut Hill
6,774
Hanover
16,483

Salary Equivalency Calculator

What does your salary in one city buy you in the other?

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Everyday Prices

BLS Average Prices by metro area

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