Camden, DE vs Edgemoor, DE
Camden, DE and Edgemoor, DE have a very similar cost of living, with only a 3.8% difference in their overall index. Camden scores 99 while Edgemoor scores 103 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 Camden is $1,463/month compared to $1,412/month in Edgemoor — a 4% difference. Interestingly, home values tell a different story: while Edgemoor has cheaper rent, Camden actually has lower median home values ($268,800 vs $291,000).
Median household income in Camden is $61,895 compared to $79,572 in Edgemoor (-22.2%). While Edgemoor is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Camden spend roughly 28.4% of their income on rent, more than the 21.3% in Edgemoor.
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