Ellendale, DE vs Magnolia, DE
Ellendale, DE and Magnolia, DE have a very similar cost of living, with only a 1.9% difference in their overall index. Ellendale scores 91 while Magnolia scores 89 on the cost of living index, where 100 represents the national average. The day-to-day expenses for residents in both cities are comparable, though differences emerge when looking at specific categories.
On the housing front, median rent in Ellendale is $1,272/month compared to $1,313/month in Magnolia — a 3% difference. Interestingly, home values tell a different story: while Ellendale has cheaper rent, Magnolia actually has lower median home values ($208,900 vs $223,700).
Median household income in Ellendale is $66,875 compared to $116,667 in Magnolia (-42.7%). Magnolia offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Ellendale spend roughly 22.8% of their income on rent, more than the 13.5% in Magnolia.
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