Greenwood, DE vs Lewes, DE

The cost of living difference between Greenwood, DE and Lewes, DE is dramatic. Greenwood is 34.3% cheaper than Lewes, a gap that translates to thousands of dollars per year in household expenses. Greenwood has a cost index of 91 while Lewes sits at 139, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Greenwood is $1,318/month compared to $1,271/month in Lewes — a 4% difference. Interestingly, home values tell a different story: while Lewes has cheaper rent, Greenwood actually has lower median home values ($230,000 vs $806,700).

Median household income in Greenwood is $72,063 compared to $92,375 in Lewes (-22%). The higher salaries in Lewes partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Greenwood spend roughly 21.9% of their income on rent, more than the 16.5% in Lewes.