Housing costs in Cheswold?
A typical home costs
$174,100, which is 48.5% less expensive than the national average of
$338,100 and 48.2% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Cheswold costs
$1,120 per month, which is 21.7% cheaper than the national average of
$1,430 and 18.8% cheaper than the state average of
$1,330.
Can I afford Cheswold?
To live comfortably in Cheswold, Delaware, a minimum annual income of
$33,480 for a family, and
$37,200 for a single person is recommended.
What does A.I. say about Cheswold?
The cost of living in Cheswold, DE is quite reasonable. The town's low taxes and low unemployment rate help to make living in the area easier on the wallet. The median home value is just over $130,000 and the median household income is around $50,000, both of which are lower than national averages. The cost of groceries and other essential items is also competitive compared to other areas in Delaware. All in all, Cheswold is an affordable place to live with a lot to offer newcomers.