Edgemoor, DE vs Selbyville, DE
Selbyville is moderately more affordable than Edgemoor, with a 5.1% lower cost of living index. Edgemoor scores 103 compared to 98 for Selbyville, where the US average is 100. This difference means residents of Edgemoor can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Edgemoor is $1,412/month compared to $988/month in Selbyville — a 43% difference. Interestingly, home values tell a different story: while Selbyville has cheaper rent, Edgemoor actually has lower median home values ($291,000 vs $410,700).
Median household income in Edgemoor is $79,572 compared to $81,845 in Selbyville (-2.8%). Selbyville offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Edgemoor spend roughly 21.3% of their income on rent, more than the 14.5% in Selbyville.
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