Hancock (zip 21750), Maryland gets a BestPlaces Cost of Living index of 92.6, which means the total cost of housing, food, child care, transportation, health care, taxes, and other necessities is 7.4 percent lower than the U.S. average and 17.2 percent lower than the average for Maryland.
A typical home costs $193,800, which is 42.7 percent less expensive than the national average of $338,100 and 50.1 percent less expensive than the average Maryland home, at $388,100. Renting a two-bedroom unit in Hancock costs $870 per month, which is 46.3 percent more than the national average of $1,620 and 24.1 percent more than the state average of $1,080.
To live comfortably in Hancock (zip 21750), Maryland, a minimum annual income of $37,080 for a family, and $26,800 for a single person is recommended.
Our cost of living indices are based on a US average of 100. An amount below 100 means Hancock (zip 21750) is cheaper than the US average. A cost of living index above 100 means Hancock (zip 21750), Maryland is more expensive.
Hancock (zip 21750) cost of living is 92.6