Centreville, MD vs Hancock, MD

The cost of living difference between Centreville, MD and Hancock, MD is dramatic. Hancock is 43.5% cheaper than Centreville, a gap that translates to thousands of dollars per year in household expenses. Centreville has a cost index of 109 while Hancock sits at 76, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Centreville is $1,235/month compared to $928/month in Hancock — a 33% difference. Home values follow the same pattern: Hancock is more affordable at $175,000 median vs $430,900.

Median household income in Centreville is $93,276 compared to $39,375 in Hancock (+136.9%). While Centreville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Centreville spend roughly 15.9% of their income on rent, less than the 28.3% in Hancock.

Climate-wise, Centreville is notably warmer with an average of 57.7°F compared to 54.1°F in Hancock. Centreville receives more rainfall at 44" per year compared to 39" in Hancock.