Cheswold, DE vs Ellendale, DE
Cheswold is moderately more affordable than Ellendale, with a 9.6% lower cost of living index. Cheswold scores 82 compared to 91 for Ellendale, where the US average is 100. This difference means residents of Ellendale can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Cheswold is $860/month compared to $1,272/month in Ellendale — a 32% difference. Interestingly, home values tell a different story: while Cheswold has cheaper rent, Ellendale actually has lower median home values ($223,700 vs $290,500).
Median household income in Cheswold is $75,000 compared to $66,875 in Ellendale (+12.1%). Cheswold offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Cheswold spend roughly 13.8% of their income on rent, less than the 22.8% in Ellendale.
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