Housing costs in Dover?
A typical home costs
$279,600, which is 17.3% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Dover costs
$1,200 per month, which is 16.1% cheaper than the national average of
$1,430 and 10.8% cheaper than the state average of
$1,330.
Can I afford Dover?
To live comfortably in Dover, Delaware, a minimum annual income of
$53,640 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Dover?
The cost of living in Dover, DE is quite reasonable compared to other cities. According to the Council for Community and Economic Research, Dover ranks as the most affordable city in the state of Delaware. The overall cost of living index in Dover is lower than the national average, and the median home price is significantly lower than in surrounding cities. The low cost of living in Dover makes it an attractive option for those looking to relocate or vacation in this part of Delaware. Additionally, there are low taxes and plenty of amenities available close by, making this a great place to live and work.