Cost of Living in Woodside East, DE

With a cost of living index of 88, Woodside East, DE is a very affordable place to live. Living here is 12% cheaper than the national average and 17% below the Delaware state average of 105. Woodside East is a small community of 1,680 residents.

Housing costs are the biggest factor in Woodside East's cost of living. The median monthly rent is $891 (32% below the US median of $1,319), and the median home value sits at $351,900 (15% above the national median of $304,900). At current prices, the median home costs roughly 6.1x the median household income — a challenging ratio that puts homeownership out of reach for many residents.

The median household income in Woodside East is $57,938, which is 23% lower than the national median of $75,149. Residents spend roughly 18% of household income on rent. This is a comfortable ratio, well below the 30% threshold that financial experts recommend as a maximum. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

Everyday prices in the Dover, DE (Metropolitan Statistical Area) metro area are generally below the national average. Out of 6 common items tracked by the Bureau of Labor Statistics, 6 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.