Greenport, NY vs Hancock, NY

The cost of living difference between Greenport, NY and Hancock, NY is dramatic. Hancock is 128.2% cheaper than Greenport, a gap that translates to thousands of dollars per year in household expenses. Greenport has a cost index of 173 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 Greenport is $2,034/month compared to $1,051/month in Hancock — a 94% difference. Home values follow the same pattern: Hancock is more affordable at $145,300 median vs $882,200.

Median household income in Greenport is $82,692 compared to $50,547 in Hancock (+63.6%). Greenport does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Greenport spend roughly 29.5% of their income on rent, more than the 25% in Hancock.

Climate-wise, Greenport is notably warmer with an average of 50.2°F compared to 46.3°F in Hancock. Greenport receives more rainfall at 43.5" per year compared to 42" in Hancock.