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Hanover, AL vs Ray, AL

96
Hanover
Alabama
VS
+15.9%
83
Ray
Alabama

There is a significant gap in the cost of living between these two cities. Ray is 15.9% cheaper than Hanover. With a cost index of 83 vs 96, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Ray to Hanover should plan for substantially higher expenses across most categories.

Median household income in Hanover is $105,429 compared to $68,487 in Ray (+53.9%). While Hanover is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (63°F vs 63°F). Ray receives more rainfall at 56.4" per year compared to 56.4" in Hanover.

Income & Cost

Cost of Living Index
Hanover
96
Ray
83
14% cheaper
Median Household Income
Hanover
$105,429
35% higher
Ray
$68,487

Housing

Median Rent
Hanover
Ray
Median Home Value
Hanover
Ray
$142,800
Population
Hanover
163
Ray
488

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hanover
Ray $2.90
US $3.07
🥚
Eggs (grade A, large)
Hanover
Ray $2.37
US $2.50
🥛
Milk (whole)
Hanover
Ray $3.81
US $4.03
🍞
Bread (white)
Hanover
Ray $1.75
US $1.85
🍗
Chicken breast
Hanover
Ray $3.92
US $4.14
Electricity
Hanover
Ray $0.17
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hanover 63°F
Ray 63°F
Summer High
Hanover 90°F
Ray 90°F
Winter Low
Hanover 34°F
Ray 34°F
Rainfall
Hanover 56.4"
Ray 56.4"
Rainy Days
Hanover 113d
Ray 113d