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Hanover, PA vs Shippensburg, PA

84
Hanover
Pennsylvania
VS
+12.2%
75
Shippensburg
Pennsylvania

Shippensburg is moderately more affordable than Hanover, with a 12.2% lower cost of living index. Hanover scores 84 compared to 75 for Shippensburg, where the US average is 100. This difference means residents of Hanover 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 $898/month in Shippensburg — a 22% difference. Home values follow the same pattern: Shippensburg is more affordable at $163,200 median vs $200,900.

Median household income in Hanover is $64,135 compared to $52,344 in Shippensburg (+22.5%). 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 20.5% of their income on rent, less than the 20.6% in Shippensburg.

Income & Cost

Cost of Living Index
Hanover
84
Shippensburg
75
11% cheaper
Median Household Income
Hanover
$64,135
18% higher
Shippensburg
$52,344

Housing

Median Rent
Hanover
$1,095
Shippensburg
$898
18% cheaper
Median Home Value
Hanover
$200,900
Shippensburg
$163,200
19% cheaper
Population
Hanover
16,483
Shippensburg
5,811

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

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