Housing costs in Georgetown?
A typical home costs
$295,100, which is 12.7% less expensive than the national average of
$338,100 and 12.2% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Georgetown costs
$1,070 per month, which is 25.2% cheaper than the national average of
$1,430 and 24.3% cheaper than the state average of
$1,330.
Can I afford Georgetown?
To live comfortably in Georgetown, Delaware, a minimum annual income of
$56,520 for a family, and
$32,400 for a single person is recommended.
What does A.I. say about Georgetown?
Georgetown, DE is a great place to live with an affordable cost of living. The overall cost of living index in Georgetown is 8% lower than the U.S. average, which makes it a great place for those who want to live comfortably without breaking the bank. The median home value in Georgetown is $163,800 and the median rent price is $1,123 per month. Groceries, utilities, transportation and health care are all more affordable than average when compared to other cities in Delaware and across the country. Overall, Georgetown provides an ideal combination of affordability and quality of life for those who decide to live there.