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Hanover, IL vs Medora, IL

63
Hanover
Illinois
VS
-6.6%
68
Medora
Illinois

Hanover is moderately more affordable than Medora, with a 6.6% lower cost of living index. Hanover scores 63 compared to 68 for Medora, where the US average is 100. This difference means residents of Medora can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanover is $751/month compared to $913/month in Medora — a 18% difference. Interestingly, home values tell a different story: while Hanover has cheaper rent, Medora actually has lower median home values ($85,000 vs $86,200).

Median household income in Hanover is $39,583 compared to $75,000 in Medora (-47.2%). While Medora is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hanover spend roughly 22.8% of their income on rent, more than the 14.6% in Medora.

Climate-wise, Medora is notably warmer with an average of 56.1°F compared to 47.2°F in Hanover. Medora receives more rainfall at 39.4" per year compared to 38.2" in Hanover.

Income & Cost

Cost of Living Index
Hanover
63
7% cheaper
Medora
68
Median Household Income
Hanover
$39,583
Medora
$75,000
47% higher

Housing

Median Rent
Hanover
$751
18% cheaper
Medora
$913
Median Home Value
Hanover
$86,200
Medora
$85,000
1% cheaper
Population
Hanover
847
Medora
295

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hanover
Medora $3.03
US $3.07
🥚
Eggs (grade A, large)
Hanover
Medora $2.47
US $2.50
🥛
Milk (whole)
Hanover
Medora $3.97
US $4.03
🍞
Bread (white)
Hanover
Medora $1.83
US $1.85
🍗
Chicken breast
Hanover
Medora $4.09
US $4.14
Electricity
Hanover
Medora $0.15
US $0.19

Climate

NOAA 30-year normals (1991-2020)

Avg Temp
Hanover 47.2°F
Medora 56.1°F
Summer High
Hanover 82°F
Medora 89°F
Winter Low
Hanover 11°F
Medora 22°F
Rainfall
Hanover 38.2"
Medora 39.4"
Rainy Days
Hanover 118d
Medora 114d