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Hanover, MI vs Scotts, MI

73
Hanover
Michigan
VS
-13.4%
84
Scotts
Michigan

Hanover is moderately more affordable than Scotts, with a 13.4% lower cost of living index. Hanover scores 73 compared to 84 for Scotts, where the US average is 100. This difference means residents of Scotts can expect to pay noticeably more for everyday expenses, housing, and services.

When it comes to buying, median home values in Hanover are $142,700 compared to $132,800 in Scotts, a 8% gap.

Median household income in Hanover is $68,333 compared to $87,667 in Scotts (-22.1%). While Scotts is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Hanover
73
13% cheaper
Scotts
84
Median Household Income
Hanover
$68,333
Scotts
$87,667
22% higher

Housing

Median Rent
Hanover
$938
Scotts
Median Home Value
Hanover
$142,700
Scotts
$132,800
7% cheaper
Population
Hanover
413
Scotts
145

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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