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Laurel, DE vs Lincoln, DE

78
Laurel
Delaware
VS
-18.5%
95
Lincoln
Delaware

There is a significant gap in the cost of living between these two cities. Laurel is 18.5% cheaper than Lincoln. With a cost index of 78 vs 95, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Laurel to Lincoln should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Laurel are $192,700 compared to $261,400 in Lincoln, a 26% gap.

Median household income in Laurel is $44,593 compared to $74,712 in Lincoln (-40.3%). While Lincoln is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Laurel
78
18% cheaper
Lincoln
95
Median Household Income
Laurel
$44,593
Lincoln
$74,712
40% higher

Housing

Median Rent
Laurel
$924
Lincoln
Median Home Value
Laurel
$192,700
26% cheaper
Lincoln
$261,400
Population
Laurel
4,043
Lincoln
1,639

Salary Equivalency Calculator

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