Hancock, MA Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Hancock cost of living score
95.9
Less expensive
4.1% lower
than the US average
24.8% lower
than the Massachusetts average
Hancock, Massachusetts gets a BestPlaces Cost of Living score of 95.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.1% lower than the U.S. average and 24.8% lower than the average for Massachusetts.

Hancock, MA

Housing costs in Hancock?
A typical home costs $308,900, which is 8.6% less expensive than the national average of $338,100 and 44.6% less expensive than the average Massachusetts home, at $557,300. Renting a two-bedroom unit in Hancock costs $1,700 per month, which is 18.9% more than the national average of $1,430 and 25.9% cheaper than the state average of $2,140.

Can I afford Hancock?
To live comfortably in Hancock, Massachusetts, a minimum annual income of $59,040 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Hancock?
Hancock, MA is a small rural town with a relatively low cost of living. The median home price is well below the national average, at $153,200. Additionally, the cost of groceries and utilities is also quite reasonable compared to other parts of the state. This makes Hancock an ideal location for those looking to save money on housing and other basic necessities. Residents can expect to pay lower prices than in many neighboring areas for quality goods and services as well.
   Cost of living score
     CategoriesHancockMassachusettsUnited States
  95.9127.5100.0
  103.9108.9100
  100.490.2100.0
  99.9175.0100.0
  $308,900$557,300$338,100
  111.5%112.9%100.0%
  83.4107.9100.0
  117.8147.9100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Hancock, MA cost of living
Compare food, housing, utilities, and more in Hancock, Massachusetts to any other city in the US.