Home → Michigan

Cost of Living in Hancock, MI

69.5
Very Affordable · National average is 100

Compare Cities

$46,970
Median Income
$728/mo
Median Rent
$141,800
Median Home
4,526
Population

Cost Breakdown

🏠Housing
76
0Nat'l Avg (100)200
🛒Groceries
60.5
0Nat'l Avg (100)200
🚗Transportation
63.1
0Nat'l Avg (100)200
🏥Healthcare
69.7
0Nat'l Avg (100)200
⚡Utilities
68.7
0Nat'l Avg (100)200

Fair Market Rents (HUD)

Some values estimated
Studio1 BR2 BR3 BR4 BR
$568
est.
$641
est.
$728$932
est.
$1,063
est.

Est. values are derived from the census median rent using national HUD bedroom ratios. Actual HUD Fair Market Rents may differ.

Nearby Cities

Compare Hancock with cities in the area

Houghton, MI
Very Affordable
80
Laurium, MI
Very Affordable
58.2
Lake Linden, MI
Very Affordable
56.7
Baraga, MI
Very Affordable
54.6
L'Anse, MI
Very Affordable
59.4
Ontonagon, MI
Very Affordable
55.9
Compare Hancock vs HoughtonCompare Hancock vs LauriumCompare Hancock vs Lake Linden