Housing costs in Delmar?
A typical home costs
$289,200, which is 14.5% less expensive than the national average of
$338,100 and 14.0% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Delmar costs
$920 per month, which is 35.7% cheaper than the national average of
$1,430 and 44.6% cheaper than the state average of
$1,330.
Can I afford Delmar?
To live comfortably in Delmar, Delaware, a minimum annual income of
$55,440 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Delmar?
Delmar, DE is a great place to live due to its low cost of living. The median home value in Delmar is $168,500, which is lower than the average US home value of $228,000. The cost of living index in Delmar is 87.9, which is 12% lower than the national average. Property taxes are also quite reasonable in Delmar compared to other cities in Delaware. Additionally, utilities and transportation costs are relatively inexpensive when compared to the rest of Delaware and surrounding areas. All these factors contribute to an overall low cost of living that makes Delmar a great place to live and work.