Centreville, MI vs Hancock, MI

Centreville, MI and Hancock, MI have a very similar cost of living, with only a 2.9% difference in their overall index. Centreville scores 68 while Hancock scores 71 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.

On the housing front, median rent in Centreville is $781/month compared to $740/month in Hancock — a 6% difference. Interestingly, home values tell a different story: while Hancock has cheaper rent, Centreville actually has lower median home values ($145,200 vs $185,700).

Median household income in Centreville is $65,952 compared to $55,278 in Hancock (+19.3%). Centreville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Centreville spend roughly 14.2% of their income on rent, less than the 16.1% in Hancock.