Greenwood, DE Cost of Living


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Greenwood cost of living score
108.1
More expensive
8.1% higher
than the US average
4.4% higher
than the Delaware average
Greenwood, Delaware gets a BestPlaces Cost of Living score of 108.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 8.1% higher than the U.S. average and 4.4% lower than the average for Delaware.

Greenwood, DE

Housing costs in Greenwood?
A typical home costs $238,100, which is 29.6% less expensive than the national average of $338,100 and 29.2% less expensive than the average Delaware home, at $336,200. Renting a two-bedroom unit in Greenwood costs $1,140 per month, which is 20.3% cheaper than the national average of $1,430 and 16.7% cheaper than the state average of $1,330.

Can I afford Greenwood?
To live comfortably in Greenwood, Delaware, a minimum annual income of $45,720 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Greenwood?
Greenwood, DE is a small, rural town with a relatively low cost of living. Prices for groceries and other necessities are lower than in many larger cities due to the lack of competition between businesses. Housing prices are also quite reasonable, with the median home value standing at $131,700. For those looking to save money on everyday expenses and enjoy the peace of life in a rural setting, Greenwood is an ideal place to live.
   Cost of living score
     CategoriesGreenwoodDelawareUnited States
  108.1103.5100.0
  106.2105.9100
  113.4112.2100.0
  66.2104.4100.0
  $238,100$336,200$338,100
  103.3%105.2%100.0%
  99.795.8100.0
  89.398.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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