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Hanover, PA vs Norristown, PA

84
Hanover
Pennsylvania
VS
-10.2%
93
Norristown
Pennsylvania

Hanover is moderately more affordable than Norristown, with a 10.2% lower cost of living index. Hanover scores 84 compared to 93 for Norristown, where the US average is 100. This difference means residents of Norristown can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Hanover is $1,095/month compared to $1,337/month in Norristown — a 18% difference. Home values follow the same pattern: Hanover is more affordable at $200,900 median vs $205,100.

Median household income in Hanover is $64,135 compared to $65,058 in Norristown (-1.4%). Norristown does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Hanover spend roughly 20.5% of their income on rent, less than the 24.7% in Norristown.

Income & Cost

Cost of Living Index
Hanover
84
10% cheaper
Norristown
93
Median Household Income
Hanover
$64,135
Norristown
$65,058
1% higher

Housing

Median Rent
Hanover
$1,095
18% cheaper
Norristown
$1,337
Median Home Value
Hanover
$200,900
2% cheaper
Norristown
$205,100
Population
Hanover
16,483
Norristown
35,782

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Hanover $3.01
Norristown $3.01
US $3.07
🥚
Eggs (grade A, large)
Hanover $2.46
Norristown $2.46
US $2.50
🥛
Milk (whole)
Hanover $3.96
Norristown $3.95
US $4.03
🍞
Bread (white)
Hanover $1.82
Norristown $1.82
US $1.85
🍗
Chicken breast
Hanover $4.07
Norristown $4.07
US $4.14
Electricity
Hanover $0.22
Norristown $0.23
US $0.19