Exeter, NH vs Hanover, NH
There is a significant gap in the cost of living between these two cities. Exeter is 27.5% cheaper than Hanover. With a cost index of 115 vs 158, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Exeter to Hanover should plan for substantially higher expenses across most categories.
On the housing front, median rent in Exeter is $1,569/month compared to $2,132/month in Hanover — a 26% difference. Home values follow the same pattern: Exeter is more affordable at $349,300 median vs $682,100.
Median household income in Exeter is $83,862 compared to $135,250 in Hanover (-38%). 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 Exeter spend roughly 22.5% of their income on rent, more than the 18.9% in Hanover.
Climate-wise, both cities share similar average temperatures (46.9°F vs 46°F). Exeter receives more rainfall at 47" per year compared to 38.1" in Hanover.
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