Cost of Living in Camden, DE

With a cost of living index of 99, Camden, DE is right around the national average in cost. Living here is 1% cheaper than the national average and 6% below the Delaware state average of 105. Camden is a small community of 4,011 residents.

Housing costs are the biggest factor in Camden's cost of living. The median monthly rent is $1,463 (11% above the US median of $1,319), and the median home value sits at $268,800 (12% below the national median of $304,900). At current prices, the median home costs roughly 4.3x the median household income — a moderately affordable ratio by today's standards.

The median household income in Camden is $61,895, which is 18% lower than the national median of $75,149. Residents spend roughly 28% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability.

Everyday prices in the Dover, DE (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 are priced lower than the US average. These real-world prices — from groceries to electricity — add up and should be factored into any cost of living comparison.

Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.