Delaware’s Affordable Cost of Living
Delaware’s cost of living is considerably lower than many of its neighboring states in the northeastern region of the United States — making it one of the best places to live and work. The state has no sales taxes or state-level property taxes, which helps keep living expenses down.
In fact, thanks to our affordable cost of living, Delaware has the fourth-highest home ownership rate in the United States. From beach cottages to farmhouses and homes in historical settings or the city, there is a wide variety of housing options across the state.
Cost of Living Calculator
To see how the cost of living in Delaware compares to other locations across the country, simply enter your information into the Cost of Living Calculator below.
Real Estate Value: April - June 2013
|Location||Average Price / Sq. Ft.||Median Sales Price|
|Dover, DE||$107||$175.000 Based on 73 home sales|
|Wilmington, DE||$138||$225,000 Based on 147 home sales|
|Philadelphia, PA||$150||$167,000 Based on 593 home sales|
|Trenton, NJ||$133||$210,000 Based on 186 home sales|
|Boston, MA||$325||$429,000 Based on 13 home sales|
|New York, NY||$1,461||$1,225,000 Based on 631 home sales|
|Baltimore, MD||$155||$210,000 Based on 977 home sales|
|Washington, DC||$522||$550,000 Based on 1,368 home sales|
|Wilmington, NC||$113||$195,000 Based on 509 home sales|
|Richmond, VA||$150||$226,000 Based on 870 home sales|
Source: Market Trends Report, Trulia.com
Cost of Living Index Comparison: 2015 Annual Average
|New York, NY (Manhattan)||227.4|
Source: ACCRA Cost of Living Index, 2015 Annual Average Data