Edgemoor, DE vs Lewes, DE

There is a significant gap in the cost of living between these two cities. Edgemoor is 26% cheaper than Lewes. With a cost index of 103 vs 139, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Edgemoor to Lewes should plan for substantially higher expenses across most categories.

On the housing front, median rent in Edgemoor is $1,412/month compared to $1,271/month in Lewes — a 11% difference. Interestingly, home values tell a different story: while Lewes has cheaper rent, Edgemoor actually has lower median home values ($291,000 vs $806,700).

Median household income in Edgemoor is $79,572 compared to $92,375 in Lewes (-13.9%). The higher salaries in Lewes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Edgemoor spend roughly 21.3% of their income on rent, more than the 16.5% in Lewes.