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Cost of Living

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Let Your Money Go Farther Here

According to BestPlaces.Net, residents of Hancock County enjoy a cost of living that is nearly 10% below the national average, at 91 out of 100, with a cost of living ranked 9% below the the U.S. average.

  • Affordable & Convenient
  • Walkable downtown areas
  • Close proximity to NASA’s Stennis Space Center, Michoud Assembly Facility, Keesler Air Force Base and Seabee Base
  • Ten hospitals including the Gulf Coast VA
  • Gulfport-Biloxi International Airport, offering service to more than 20 destinations; One hour from New Orleans International Airport
  • Multiple places of worship
  • One of the Lowest Tax Burdens in the U.S.
  • NO Tax on Retirement Income
  • NO Estate Tax
  • NO Gift Tax
  • NO State Real Estate Tax
  • NO Intangible Personal Property Tax
  • NO Local Income Tax
  • BONUS EXEMPTION on Local Property Taxes
hancock county cost of living
cost of housing hancock county ms
Beautiful housing and neighborhoods
hancock county cost of living
Median Property Tax Paid: $598 per year (*with mortgage) $397 per year (*without mortgage)
Average Yearly Property Tax: Amounts to 1.21% of annual income

Average Home / Land Sales Prices:

Average home sale prices
Bay St. Louis, MS $159,700
Diamondhead, MS $179,800
Hancock County, MS $135,800
Waveland, MS $136,800

Average land sale prices
Bay St. Louis, MS $48,655
Diamondhead, MS $18,013
Hancock County, MS $68,857
Waveland, MS $27,353

U.S. Median Price: $170,100

Home Insurance
Insurance rates are based on many different variables. Contact a local insurance agent for details.

Questions? Contact the Hancock County Tax Assessor at 228-467-4425 or visit