Hanover, PA vs Steelton, PA

Hanover, PA and Steelton, PA have a very similar cost of living, with only a 1.2% difference in their overall index. Hanover scores 84 while Steelton scores 83 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Hanover is $1,095/month compared to $1,270/month in Steelton — a 14% difference. Interestingly, home values tell a different story: while Hanover has cheaper rent, Steelton actually has lower median home values ($124,200 vs $200,900).

Median household income in Hanover is $64,135 compared to $55,963 in Steelton (+14.6%). 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 27.2% in Steelton.