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Cost of Living in Georgetown, DE

Population: 7,456 | Delaware

96
Cost of Living Index
US Average = 100

Georgetown is 4% less expensive than the national average.

101
Housing
87
Home Values
97
Regional Price

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

With a cost of living index of 96, Georgetown, DE is slightly more affordable than average. Living here is 4% cheaper than the national average and 9% below the Delaware state average of 105. Georgetown is a smaller community of 7,456 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Georgetown's cost of living. The median monthly rent is $1,333 (1% above the US median of $1,319), and the median home value sits at $266,100 (13% below the national median of $304,900). At current prices, the median home costs roughly 5.6x the median household income — a stretch for many buyers, though not uncommon in today's market.

The median household income in Georgetown is $47,423, which is 37% lower than the national median of $75,149. Residents spend roughly 34% of household income on rent. This exceeds the recommended 30% threshold, meaning many renters here are cost-burdened.

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
$47,423
vs US Median ($75,149)
-37%

Housing

Median Rent
$1,333/mo
Median Home Value
$266,100
Median Monthly Housing Cost
$1,247/mo
→ Best Places to Live in Delaware (2026)

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