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Free Soil, MI vs Hanover, MI

67
Free Soil
Michigan
VS
-8.3%
73
Hanover
Michigan

Free Soil is moderately more affordable than Hanover, with a 8.3% lower cost of living index. Free Soil scores 67 compared to 73 for Hanover, where the US average is 100. This difference means residents of Hanover can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Free Soil is $867/month compared to $938/month in Hanover — a 8% difference. Home values follow the same pattern: Free Soil is more affordable at $91,000 median vs $142,700.

Median household income in Free Soil is $50,000 compared to $68,333 in Hanover (-26.8%). 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 Free Soil spend roughly 20.8% of their income on rent, more than the 16.5% in Hanover.

Income & Cost

Cost of Living Index
Free Soil
67
8% cheaper
Hanover
73
Median Household Income
Free Soil
$50,000
Hanover
$68,333
27% higher

Housing

Median Rent
Free Soil
$867
8% cheaper
Hanover
$938
Median Home Value
Free Soil
$91,000
36% cheaper
Hanover
$142,700
Population
Free Soil
139
Hanover
413

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Free Soil
Hanover $2.88
US $3.07
🥚
Eggs (grade A, large)
Free Soil
Hanover $2.35
US $2.50
🥛
Milk (whole)
Free Soil
Hanover $3.79
US $4.03
🍞
Bread (white)
Free Soil
Hanover $1.74
US $1.85
🍗
Chicken breast
Free Soil
Hanover $3.90
US $4.14
Electricity
Free Soil
Hanover $0.19
US $0.19