Dagsboro, DE vs Lewes, DE
There is a significant gap in the cost of living between these two cities. Dagsboro is 29.9% cheaper than Lewes. With a cost index of 97 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Dagsboro to Lewes should plan for substantially higher expenses across most categories.
On the housing front, median rent in Dagsboro is $1,315/month compared to $1,271/month in Lewes — a 4% difference. Interestingly, home values tell a different story: while Lewes has cheaper rent, Dagsboro actually has lower median home values ($285,000 vs $806,700).
Median household income in Dagsboro is $64,250 compared to $92,375 in Lewes (-30.4%). While Lewes 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, more than the 16.5% in Lewes.
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