Elsmere, DE vs Highland Acres, DE
Elsmere is moderately more affordable than Highland Acres, with a 6.5% lower cost of living index. Elsmere scores 93 compared to 99 for Highland Acres, where the US average is 100. This difference means residents of Highland Acres can expect to pay noticeably more for everyday expenses, housing, and services.
On the housing front, median rent in Elsmere is $1,305/month compared to $1,412/month in Highland Acres — a 8% difference. Home values follow the same pattern: Elsmere is more affordable at $210,200 median vs $293,600.
Median household income in Elsmere is $76,378 compared to $101,685 in Highland Acres (-24.9%). While Highland Acres is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Elsmere spend roughly 20.5% of their income on rent, more than the 16.7% in Highland Acres.
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