Houston, DE vs Magnolia, DE
Houston, DE and Magnolia, DE have a very similar cost of living, with only a 3.7% difference in their overall index. Houston scores 86 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 Houston is $1,050/month compared to $1,313/month in Magnolia — a 20% difference. Interestingly, home values tell a different story: while Houston has cheaper rent, Magnolia actually has lower median home values ($208,900 vs $265,600).
Median household income in Houston is $100,208 compared to $116,667 in Magnolia (-14.1%). While Magnolia is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Houston spend roughly 12.6% of their income on rent, less than the 13.5% in Magnolia.
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