Cost of living in Hancock County, IL
Population 17,434 · Last updated May 21, 2026
Cost breakdown
Single person, by category, per month.
Rent in Hancock County
Fair Market Rents by bedroom count.
Source: HUD FMR FY2025
Income and earnings in Hancock County
Annual earnings figures from the Census ACS.
Source: ACS 2019-2023 5-Year.
Home values in Hancock County
Average values reported by homeowners.
Source: ACS 2019-2023 5-Year
Energy costs in Hancock County
Estimated monthly electricity and gas costs.
Source: EIA
Healthcare in Hancock County
Insurance premiums and coverage rates.
Source: ACS + national avg. Marketplace benchmark premiums are second-lowest Silver plan estimates and do not reflect employer plans, subsidies, or out-of-pocket costs. This is not healthcare advice.
Taxes in Hancock County
State and local tax rates for Illinois.
Tax rates change. Consult a qualified tax professional for advice on your specific situation. This is not tax advice.
Transportation in Hancock County
Commute patterns and estimated costs.
Source: ACS
Monthly cost estimates for Hancock County
What it costs to live in Hancock County each month.
- Rent $739
- Energy $177
- Water $50
- Groceries $345
- Transport $320
- Healthcare $480
- Federal tax $494
- State tax $166
- Rent $870
- Energy $212
- Water $60
- Groceries $572
- Transport $420
- Healthcare $864
- Federal tax $734
- State tax $268
- Rent $1,094
- Energy $266
- Water $70
- Groceries $867
- Transport $520
- Healthcare $1,350
- Childcare $1,200
- Federal tax $734
- State tax $268
Frequently asked questions about Hancock County
Common questions about cost of living, rent and salary.
What is the average rent in Hancock County?
In Hancock County, IL, a one-bedroom apartment averages $739 per month, a two-bedroom averages $870 per month, a three-bedroom averages $1,094 per month, according to HUD Fair Market Rent data.
What is the average salary in Hancock County?
In Hancock County, IL, the average household income is $65,044 per year and individual earnings for full-time workers average $40,273 per year, according to U.S. Census Bureau data.
What is the cost of living in Hancock County?
The estimated cost of living in Hancock County, IL is approximately $2,771 per month for a single person, $4,000 for a couple, $6,369 for a family. This includes rent, utilities, groceries, transportation, healthcare, and taxes.
What is the sales tax rate in Hancock County?
The combined sales tax rate in Hancock County, IL is 8.82%, which includes the Illinois state rate of 6.25% plus an average local rate of 2.57%.
Is Hancock County an affordable place to live?
Based on the data, a single person in Hancock County, IL would need approximately $2,771 per month to cover rent, utilities, food, transport, healthcare, and taxes. The average household income is $65,044 per year ($5,420 per month). Hancock County has a moderate cost of living relative to local earnings.
How much does healthcare cost in Hancock County?
The ACA marketplace benchmark premium in Hancock County, IL is approximately $480 per month for an individual. Approximately 6.5% of residents are uninsured. Actual costs vary based on employer coverage, plan type, and individual circumstances.
What are house prices in Hancock County?
The average home value in Hancock County, IL is $108,400, with average annual property taxes of $2,020, according to U.S. Census Bureau data.
How does Hancock County compare to other areas?
You can compare Hancock County, IL with any other US county using our comparison tool at /compare. Hancock County is in Illinois.
Other counties in Illinois
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About this data
All figures on this page come from official U.S. government sources, listed below.
- HUD FMR FY2025
- ACS 2019-2023 5-Year
- EIA
- ACS + national avg
- ACS
- USDA + BEA RPP