Hancock County, IL Cost of Living


0 Reviews



BestPlaces offers the best, most comprehensive city reports,
with insight into cost of living, crime, climate, and more.
United States / Illinois / / Hancock County / Cities / Zip Codes
How much do I need to live in Hancock, Illinois?
$1,440 / month
for a family, 73.3% less expensive than the national average A total of $17,280 for the year for a family.
$2,133 / month
for a single person, 55.3% less expensive than the national average A total of $25,600 for the year for a single person.

Hancock cost of living score
73.2
Less expensive
26.8% lower
than the US average
21.9% lower
than the Illinois average
Hancock Illin County, Illinois gets a BestPlaces Cost of Living score of 73.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 26.8% lower than the U.S. average and 21.9% higher than the average for Illinois.

Hancock County, IL

Housing costs in Hancock?
A typical home costs $90,500, which is 73.2% less expensive than the national average of $338,100 and 62.6% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Hancock costs $770 per month, which is 46.2% cheaper than the national average of $1,430 and 63.6% cheaper than the state average of $1,260.

Can I afford Hancock?
To live comfortably in Hancock Illin County, Illinois, a minimum annual income of $17,280 for a family, and $25,600 for a single person is recommended.

What does A.I. say about Hancock?
Hancock, IL County is a great place to live for those looking to find a more affordable cost of living. The median value of houses in Hancock, IL County is $90500, which is significantly lower than the US average house value of $338,100. In addition to this, the Cost of Living in Hancock, IL County is 73.2 which is much lower than the national average of 100. This means that residents of Hancock, IL County have access to cheaper goods and services compared to other parts of the country. It's no wonder why many people are choosing to move to Hancock, IL County for its relatively low cost of living and quality of life that it offers.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHancockIllinoisUnited States
    Unlock93.7100.0
  91.5  Unlock100.0
    Unlock96.9100.0
  30.2  Unlock100.0
    Unlock$241,700$338,100
  96.8  Unlock100.0
    Unlock106.2100.0
  107.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

The premier source for comprehensive city data for over 30 years.

© Best Places. All rights reserved.