Hanover, PA vs Norwood, PA

Hanover is moderately more affordable than Norwood, with a 9.4% lower cost of living index. Hanover scores 84 compared to 92 for Norwood, where the US average is 100. This difference means residents of Norwood 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 $1,247/month in Norwood — a 12% difference. Home values follow the same pattern: Hanover is more affordable at $200,900 median vs $227,500.

Median household income in Hanover is $64,135 compared to $89,135 in Norwood (-28%). While Norwood 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 20.5% of their income on rent, more than the 16.8% in Norwood.