Hancock County, MS Cost of Living


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United States / Mississippi / / Hancock County / Cities / Zip Codes
How much do I need to live in Hancock, Mississippi?
$3,570 / month
for a family, 33.9% less expensive than the national average A total of $42,840 for the year for a family.
$2,600 / month
for a single person, 45.5% less expensive than the national average A total of $31,200 for the year for a single person.

Hancock cost of living score
83.4
Less expensive
16.6% lower
than the US average
6.0% higher
than the Mississippi average
Hancock Mississi County, Mississippi gets a BestPlaces Cost of Living score of 83.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 16.6% lower than the U.S. average and 6.0% lower than the average for Mississippi.

Hancock County, MS

Housing costs in Hancock?
A typical home costs $223,100, which is 34.0% less expensive than the national average of $338,100 and 43.7% more expensive than the average Mississippi home, at $155,300. Renting a two-bedroom unit in Hancock costs $940 per month, which is 34.3% cheaper than the national average of $1,430 and 5.3% more than the state average of $890.

Can I afford Hancock?
To live comfortably in Hancock Mississi County, Mississippi, a minimum annual income of $42,840 for a family, and $31,200 for a single person is recommended.

What does A.I. say about Hancock?
Hancock County, MS has a lower cost of living than the US average, at 83.4 points compared to 100. This could be an attractive option for those looking for affordable housing and a lower cost of living. The median value of a house in Hancock County is $223,100, which is much less than the US median value of $338,100. If you are looking to settle down in a place that is more affordable but still offers good quality of life, Hancock County may be the right choice for you.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesHancockMississippiUnited States
    Unlock78.7100.0
  95.6  Unlock100.0
    Unlock101.9100.0
  52.7  Unlock100.0
    Unlock$155,300$338,100
  95.9  Unlock100.0
    Unlock83.4100.0
  79.2  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
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