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Hanover, IN vs Jamestown, IN

71
Hanover
Indiana
VS
-7.6%
76
Jamestown
Indiana

Hanover is moderately more affordable than Jamestown, with a 7.6% lower cost of living index. Hanover scores 71 compared to 76 for Jamestown, where the US average is 100. This difference means residents of Jamestown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanover is $913/month compared to $941/month in Jamestown — a 3% difference. Home values follow the same pattern: Hanover is more affordable at $126,300 median vs $180,400.

Median household income in Hanover is $58,194 compared to $70,083 in Jamestown (-17%). While Jamestown 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 18.8% of their income on rent, more than the 16.1% in Jamestown.

Income & Cost

Cost of Living Index
Hanover
71
8% cheaper
Jamestown
76
Median Household Income
Hanover
$58,194
Jamestown
$70,083
17% higher

Housing

Median Rent
Hanover
$913
3% cheaper
Jamestown
$941
Median Home Value
Hanover
$126,300
30% cheaper
Jamestown
$180,400
Population
Hanover
3,584
Jamestown
1,225

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hanover
Jamestown $2.91
US $3.07
🥚
Eggs (grade A, large)
Hanover
Jamestown $2.37
US $2.50
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Milk (whole)
Hanover
Jamestown $3.82
US $4.03
🍞
Bread (white)
Hanover
Jamestown $1.75
US $1.85
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Chicken breast
Hanover
Jamestown $3.93
US $4.14
Electricity
Hanover
Jamestown $0.16
US $0.19