Derry, NH vs Hanover, NH

There is a significant gap in the cost of living between these two cities. Derry is 28.9% cheaper than Hanover. With a cost index of 113 vs 158, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Derry to Hanover should plan for substantially higher expenses across most categories.

On the housing front, median rent in Derry is $1,473/month compared to $2,132/month in Hanover — a 31% difference. Home values follow the same pattern: Derry is more affordable at $356,700 median vs $682,100.

Median household income in Derry is $88,901 compared to $135,250 in Hanover (-34.3%). 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 Derry spend roughly 19.9% of their income on rent, more than the 18.9% in Hanover.

Climate-wise, Derry is notably warmer with an average of 50.1°F compared to 46°F in Hanover. Derry receives more rainfall at 40.4" per year compared to 38.1" in Hanover.