Fenwick Island, DE vs South Bethany, DE
There is a significant gap in the cost of living between these two cities. South Bethany is 27.5% cheaper than Fenwick Island. With a cost index of 144 vs 184, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from South Bethany to Fenwick Island should plan for substantially higher expenses across most categories.
When it comes to buying, median home values in Fenwick Island are $1,337,500 compared to $855,000 in South Bethany, a 56% gap.
Median household income in Fenwick Island is $120,625 compared to $111,667 in South Bethany (+8%). Fenwick Island does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget.
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