Hanover, IN vs Sellersburg, IN

Hanover is moderately more affordable than Sellersburg, with a 14% lower cost of living index. Hanover scores 71 compared to 82 for Sellersburg, where the US average is 100. This difference means residents of Sellersburg 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 $1,057/month in Sellersburg — a 14% difference. Home values follow the same pattern: Hanover is more affordable at $126,300 median vs $213,300.

Median household income in Hanover is $58,194 compared to $69,851 in Sellersburg (-16.7%). While Sellersburg 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 18.2% in Sellersburg.