Edgerton, MN vs Hanover, MN

The cost of living difference between Edgerton, MN and Hanover, MN is dramatic. Edgerton is 49.9% cheaper than Hanover, a gap that translates to thousands of dollars per year in household expenses. Edgerton has a cost index of 63 while Hanover sits at 126, 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 Edgerton is $681/month compared to $1,806/month in Hanover — a 62% difference. Home values follow the same pattern: Edgerton is more affordable at $132,800 median vs $421,700.

Median household income in Edgerton is $66,739 compared to $147,944 in Hanover (-54.9%). 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 Edgerton spend roughly 12.2% of their income on rent, less than the 14.6% in Hanover.