Middletown, DE vs Newark, DE
Middletown, DE and Newark, DE have a very similar cost of living, with only a 1.8% difference in their overall index. Middletown scores 116 while Newark scores 114 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 Middletown is $1,567/month compared to $1,611/month in Newark — a 3% difference. Interestingly, home values tell a different story: while Middletown has cheaper rent, Newark actually has lower median home values ($357,600 vs $399,500).
Median household income in Middletown is $115,252 compared to $71,373 in Newark (+61.5%). While Middletown is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Middletown spend roughly 16.3% of their income on rent, less than the 27.1% in Newark.
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