Hancock, WI vs Steuben, WI

Hancock, WI and Steuben, WI have a very similar cost of living, with only a 3% difference in their overall index. Hancock scores 66 while Steuben scores 64 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 Hancock is $677/month compared to $775/month in Steuben — a 13% difference. Interestingly, home values tell a different story: while Hancock has cheaper rent, Steuben actually has lower median home values ($87,500 vs $147,200).

Median household income in Hancock is $48,255 compared to $63,750 in Steuben (-24.3%). Steuben offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Hancock spend roughly 16.8% of their income on rent, more than the 14.6% in Steuben.