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Cost of Living in Millsboro, DE

Population: 7,152 | Delaware

95
Cost of Living Index
US Average = 100

Millsboro is 5% less expensive than the national average.

92
Housing
97
Home Values
97
Regional Price

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

With a cost of living index of 95, Millsboro, 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. Millsboro is a smaller community of 7,152 residents, where everyday costs can differ substantially from nearby larger cities.

Housing costs are the biggest factor in Millsboro's cost of living. The median monthly rent is $1,207 (8% below the US median of $1,319), and the median home value sits at $297,000 (3% below the national median of $304,900). At current prices, the median home costs roughly 3.8x the median household income — a moderately affordable ratio by today's standards.

The median household income in Millsboro is $77,750, which is 3% higher than the national median of $75,149. Residents spend roughly 19% 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
$77,750
vs US Median ($75,149)
+3%

Housing

Median Rent
$1,207/mo
Median Home Value
$297,000
Median Monthly Housing Cost
$1,265/mo
→ Best Places to Live in Delaware (2026)

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