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Conway, NH vs Hanover, NH

88
Conway
New Hampshire
VS
-44.2%
158
Hanover
New Hampshire

The cost of living difference between Conway, NH and Hanover, NH is dramatic. Conway is 44.2% cheaper than Hanover, a gap that translates to thousands of dollars per year in household expenses. Conway has a cost index of 88 while Hanover sits at 158, 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 Conway is $976/month compared to $2,132/month in Hanover — a 54% difference. Home values follow the same pattern: Conway is more affordable at $255,300 median vs $682,100.

Median household income in Conway is $58,796 compared to $135,250 in Hanover (-56.5%). 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 Conway spend roughly 19.9% of their income on rent, more than the 18.9% in Hanover.

Climate-wise, both cities share similar average temperatures (44.7°F vs 46°F). Conway receives more rainfall at 46.9" per year compared to 38.1" in Hanover.

Income & Cost

Cost of Living Index
Conway
88
44% cheaper
Hanover
158
Median Household Income
Conway
$58,796
Hanover
$135,250
57% higher

Housing

Median Rent
Conway
$976
54% cheaper
Hanover
$2,132
Median Home Value
Conway
$255,300
63% cheaper
Hanover
$682,100
Population
Conway
3,833
Hanover
8,520

Salary Equivalency Calculator

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Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Conway 44.7°F
Hanover 46°F
Summer High
Conway 82°F
Hanover 83°F
Winter Low
Conway 7°F
Hanover 9°F
Rainfall
Conway 46.9"
Hanover 38.1"
Rainy Days
Conway 144d
Hanover 150d