Home / Delaware / Frankford

Cost of Living in Frankford, DE

Population: 883 | Delaware

95
Cost of Living Index
US Average = 100

Frankford is 5% less expensive than the national average.

97
Housing
91
Home Values
97
Regional Price

Cost of Living in Frankford, DE: What You Need to Know

With a cost of living index of 95, Frankford, DE is slightly more affordable than average. Living here is 5% cheaper than the national average and 10% below the Delaware state average of 105. Frankford is a small community of 883 residents.

Housing costs are the biggest factor in Frankford's cost of living. The median monthly rent is $1,273 (3% below the US median of $1,319), and the median home value sits at $277,800 (9% below the national median of $304,900). At current prices, the median home costs roughly 3.7x the median household income — a moderately affordable ratio by today's standards.

The median household income in Frankford is $74,583, which is 1% lower than the national median of $75,149. Residents spend roughly 20% 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
$74,583
vs US Median ($75,149)
-1%

Housing

Median Rent
$1,273/mo
Median Home Value
$277,800
Median Monthly Housing Cost
$1,071/mo
→ Best Places to Live in Delaware (2026)

Compare Frankford With

Kent Acres
DE
99
Riverview
DE
96
Delmar
DE
79
Long Neck
DE
75
Millville
DE
124
Delaware City
DE
99
Cheswold
DE
82
Greenwood
DE
91
Wyoming
DE
96
Woodside East
DE
88