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Laurel, DE vs Millsboro, DE

78
Laurel
Delaware
VS
-18.1%
95
Millsboro
Delaware

There is a significant gap in the cost of living between these two cities. Laurel is 18.1% cheaper than Millsboro. 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 Millsboro should plan for substantially higher expenses across most categories.

On the housing front, median rent in Laurel is $924/month compared to $1,207/month in Millsboro — a 23% difference. Home values follow the same pattern: Laurel is more affordable at $192,700 median vs $297,000.

Median household income in Laurel is $44,593 compared to $77,750 in Millsboro (-42.6%). While Millsboro is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Laurel spend roughly 24.9% of their income on rent, more than the 18.6% in Millsboro.

Income & Cost

Cost of Living Index
Laurel
78
18% cheaper
Millsboro
95
Median Household Income
Laurel
$44,593
Millsboro
$77,750
43% higher

Housing

Median Rent
Laurel
$924
23% cheaper
Millsboro
$1,207
Median Home Value
Laurel
$192,700
35% cheaper
Millsboro
$297,000
Population
Laurel
4,043
Millsboro
7,152

Salary Equivalency Calculator

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