Bear, DE vs Wilmington, DE
There is a significant gap in the cost of living between these two cities. Wilmington is 21.5% cheaper than Bear. With a cost index of 90 vs 110, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Wilmington to Bear should plan for substantially higher expenses across most categories.
On the housing front, median rent in Bear is $1,676/month compared to $1,187/month in Wilmington — a 41% difference. Home values follow the same pattern: Wilmington is more affordable at $224,500 median vs $280,200.
Median household income in Bear is $88,985 compared to $55,269 in Wilmington (+61%). While Bear is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Bear spend roughly 22.6% of their income on rent, less than the 25.8% in Wilmington.
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