Cost Of Living in Hancock, NH

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Hancock	New Hampshire	National
Cost of living	133	118	100
Goods & Services	120	120	100
Groceries	102	102	100
Health care	113	113	100
Housing	171	123	100
Transportation	110	110	100
Utilities	131	131	100

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Cost Of Living Quick Facts

The cost of living in Hancock is 12% higher than the New Hampshire average
The cost of living in Hancock is 33% higher than the national average
Hancock housing is 71% higher than the national average
New Hampshire general sales tax is 100% lower than the national average
New Hampshire state income tax is 54% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$55,795	$4,650	$1,302	$1,674
Renters	$53,611	$4,468	$1,251	$1,608

New Hampshire Sales Tax

State	General Sales Tax	With Max Surtax
New Hampshire	0%	0%

New Hampshire Income Tax

State	Income Tax (Low)	Income Tax (High)
New Hampshire	4%	4%

Goods & Services

Item	Hancock	National avg.	Difference
Haircut	$26.58	$24.26	9.6%
Beauty Salon	$67.97	$45.56	49.2%
Toothpaste	$3.73	$3.70	0.8%
Shampoo	$1.25	$1.28	2.1%
Movie	$13.07	$12.13	7.7%
Bowling	$25.44	$18.00	41.4%

Groceries

Item	Hancock	National avg.	Difference
Ground Beef	$5.47	$5.84	6.3%
Fried Chicken	$1.44	$1.57	8.5%
Milk	$4.75	$4.67	1.6%
Potatoes	$5.01	$4.93	1.5%
Pizza	$11.66	$12.09	3.6%
Beer	$9.82	$10.41	5.7%

Health Care

Item	Hancock	National avg.	Difference
Optometrist	$115.00	$125.68	8.5%
Doctor	$164.00	$135.78	20.8%
Dentist	$136.17	$113.29	20.2%
Ibuprofen	$11.01	$10.65	3.4%
Lipitor	$483.35	$468.60	3.1%

Housing

Item	Hancock	National avg.	Difference
Home Price	$353,000.00	$184,700.00	91.1%
Avg. Mortgage Payment	$2,281.44	$2,346.69	2.8%
Apartment Rent	$1,177.00	$949.00	24.0%

Transportation

Item	Hancock	National avg.	Difference
Gasoline	$3.33	$3.46	3.9%
Tire Balancing	$86.00	$59.92	43.5%

Utilities

Item	Hancock	National avg.	Difference
All Electricity	$294.40	$193.99	51.8%
Phone	$186.72	$192.25	2.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Troy, NH	857	104	4.1%
Bennington, NH	265	106	5.6%
Hillsborough, NH	1,421	106	6.1%
Jaffrey, NH	2,750	110	9.8%
Antrim, NH	1,364	112	11.5%
Hancock, NH	231	133	32.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
McGrath, AK	231	100	0.5%
Carthage, AR	231	77	22.5%
Homeland, FL	231	86	13.6%
Lambs Grove, IA	231	90	10.5%
Ulen, IN	231	123	23.5%
Hancock, NH	231	133	32.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Hancock, NH