Hanover, NH vs Raymond, NH

The cost of living difference between Hanover, NH and Raymond, NH is dramatic. Raymond is 65.5% cheaper than Hanover, a gap that translates to thousands of dollars per year in household expenses. Hanover has a cost index of 158 while Raymond sits at 96, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Hanover is $2,132/month compared to $1,092/month in Raymond — a 95% difference. Home values follow the same pattern: Raymond is more affordable at $292,200 median vs $682,100.

Median household income in Hanover is $135,250 compared to $70,804 in Raymond (+91%). While Hanover 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 18.9% of their income on rent, more than the 18.5% in Raymond.

Climate-wise, both cities share similar average temperatures (46°F vs 46.9°F). Raymond receives more rainfall at 47" per year compared to 38.1" in Hanover.