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Dagsboro, DE vs Laurel, DE

97
Dagsboro
Delaware
VS
+25%
78
Laurel
Delaware

There is a significant gap in the cost of living between these two cities. Laurel is 25% cheaper than Dagsboro. With a cost index of 78 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laurel to Dagsboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Dagsboro is $1,315/month compared to $924/month in Laurel — a 42% difference. Home values follow the same pattern: Laurel is more affordable at $192,700 median vs $285,000.

Median household income in Dagsboro is $64,250 compared to $44,593 in Laurel (+44.1%). While Dagsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Dagsboro spend roughly 24.6% of their income on rent, less than the 24.9% in Laurel.

Income & Cost

Cost of Living Index
Dagsboro
97
Laurel
78
20% cheaper
Median Household Income
Dagsboro
$64,250
31% higher
Laurel
$44,593

Housing

Median Rent
Dagsboro
$1,315
Laurel
$924
30% cheaper
Median Home Value
Dagsboro
$285,000
Laurel
$192,700
32% cheaper
Population
Dagsboro
1,350
Laurel
4,043

Salary Equivalency Calculator

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