Housing costs in Hancock?
A typical home costs
$284,200, which is 15.9% less expensive than the national average of
$338,100 and 28.2% more expensive than the average Indiana home, at
$221,600. Renting a two-bedroom unit in Hancock costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 8.4% more than the state average of
$980.
Can I afford Hancock?
To live comfortably in Hancock Indi County, Indiana, a minimum annual income of
$54,360 for a family, and
$36,000 for a single person is recommended.
What does A.I. say about Hancock?
Hancock, IN County has an average cost of living that is 92.8, which is lower than the US average of 100. This cost of living allows people to purchase more with their money and enjoy amenities such as groceries and services at a fraction of the cost for similar items in other areas. Homeowners may also benefit from this lower cost of living since they can purchase houses for significantly less than the national median value. In Hancock County, the median house value stands at $284,200 compared to the US average of $338,100.