Hancock, NH vs Melvin Village, NH

Hancock, NH and Melvin Village, NH have a very similar cost of living, with only a 3.4% difference in their overall index. Hancock scores 109 while Melvin Village scores 113 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.

When it comes to buying, median home values in Hancock are $388,000 compared to $423,900 in Melvin Village, a 9% gap.

Median household income in Hancock is $57,159 compared to $120,250 in Melvin Village (-52.5%). While Melvin Village is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Climate-wise, both cities share similar average temperatures (46.4°F vs 44.7°F). Melvin Village receives more rainfall at 46.9" per year compared to 46.4" in Hancock.