Cost of Living in Dagsboro, DE
Population: 1,350 | Delaware
Dagsboro is 3% less expensive than the national average.
Cost of Living in Dagsboro, DE: What You Need to Know
With a cost of living index of 97, Dagsboro, DE is slightly more affordable than average. Living here is 3% cheaper than the national average and 8% below the Delaware state average of 105. Dagsboro is a small community of 1,350 residents.
Housing costs are the biggest factor in Dagsboro's cost of living. The median monthly rent is $1,315 (0% below the US median of $1,319), and the median home value sits at $285,000 (7% below the national median of $304,900). At current prices, the median home costs roughly 4.4x the median household income — a moderately affordable ratio by today's standards.
The median household income in Dagsboro is $64,250, which is 15% lower than the national median of $75,149. Residents spend roughly 25% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.
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.
Income
- Median Household Income
- $64,250
- vs US Median ($75,149)
- -15%
Housing
- Median Rent
- $1,315/mo
- Median Home Value
- $285,000
- Median Monthly Housing Cost
- $1,267/mo