Cost of Living in Delaware City, DE

With a cost of living index of 99, Delaware City, 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. Delaware City is a small community of 1,976 residents.

Housing costs are the biggest factor in Delaware City's cost of living. The median monthly rent is $1,420 (8% above the US median of $1,319), and the median home value sits at $245,500 (19% below the national median of $304,900). At current prices, the median home costs roughly 3.1x the median household income — a moderately affordable ratio by today's standards.

The median household income in Delaware City is $78,333, which is 4% higher than the national median of $75,149. Residents spend roughly 22% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum.

Everyday prices in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 5 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.