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Elsmere, DE vs Ocean View, DE

93
Elsmere
Delaware
VS
-28.3%
129
Ocean View
Delaware

There is a significant gap in the cost of living between these two cities. Elsmere is 28.3% cheaper than Ocean View. With a cost index of 93 vs 129, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Elsmere to Ocean View should plan for substantially higher expenses across most categories.

On the housing front, median rent in Elsmere is $1,305/month compared to $1,833/month in Ocean View — a 29% difference. Home values follow the same pattern: Elsmere is more affordable at $210,200 median vs $483,600.

Median household income in Elsmere is $76,378 compared to $88,021 in Ocean View (-13.2%). Ocean View does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Elsmere spend roughly 20.5% of their income on rent, less than the 25% in Ocean View.

Income & Cost

Cost of Living Index
Elsmere
93
28% cheaper
Ocean View
129
Median Household Income
Elsmere
$76,378
Ocean View
$88,021
13% higher

Housing

Median Rent
Elsmere
$1,305
29% cheaper
Ocean View
$1,833
Median Home Value
Elsmere
$210,200
57% cheaper
Ocean View
$483,600
Population
Elsmere
6,189
Ocean View
2,760

Salary Equivalency Calculator

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Everyday Prices

BLS Average Prices by metro area

Gasoline (regular)
Elsmere $3.01
Ocean View
US $3.07
🥚
Eggs (grade A, large)
Elsmere $2.46
Ocean View
US $2.50
🥛
Milk (whole)
Elsmere $3.95
Ocean View
US $4.03
🍞
Bread (white)
Elsmere $1.82
Ocean View
US $1.85
🍗
Chicken breast
Elsmere $4.07
Ocean View
US $4.14
Electricity
Elsmere $0.23
Ocean View
US $0.19