Housing costs in Hancock?
A typical home costs
$162,500, which is 51.9% less expensive than the national average of
$338,100 and 16.4% less expensive than the average Kentucky home, at
$194,300. Renting a two-bedroom unit in Hancock costs
$930 per month, which is 35.0% cheaper than the national average of
$1,430 and close to the state average of
$920.
Can I afford Hancock?
To live comfortably in Hancock Kentu County, Kentucky, a minimum annual income of
$30,960 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Hancock?
Hancock, KY County has a cost of living that is much lower than the US average. According to data collected, the cost of living in Hancock, KY County is 77.7 compared to the US average of 100. This means that living and maintaining a household in Hancock, KY County costs less than other areas in the country. The median house value in Hancock, KY County stands at $162,500 which is significantly lower than the US average of $338,100. This makes it easier for people to buy homes in this area and maintain their households without straining financially.