Hockessin, DE Cost of Living


0 Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Hockessin cost of living score
104.1
More expensive
4.1% higher
than the US average
0.6% higher
than the Delaware average
Hockessin, Delaware gets a BestPlaces Cost of Living score of 104.1, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.1% higher than the U.S. average and 0.6% lower than the average for Delaware.

Hockessin, DE

Housing costs in Hockessin?
A typical home costs $526,800, which is 55.8% more expensive than the national average of $338,100 and 56.7% more expensive than the average Delaware home, at $336,200. Renting a two-bedroom unit in Hockessin costs $2,150 per month, which is 50.3% more than the national average of $1,430 and 38.1% more than the state average of $1,330.

Can I afford Hockessin?
To live comfortably in Hockessin, Delaware, a minimum annual income of $100,800 for a family, and $71,200 for a single person is recommended.

What does A.I. say about Hockessin?
Hockessin, DE is renowned for its high cost of living. Housing costs in Hockessin are significantly higher than the state average, often with prices over $300,000 for an average-sized home. Prices of groceries and other goods can be steep due to limited competition in the area. Additionally, transportation can be expensive because of the area's low public transit availability. Despite these challenges, many people chose to live in Hockessin because of its incredibly tight-knit community and many excellent amenities like top-notch schools and parks.
   Cost of living score
     CategoriesHockessinDelawareUnited States
  104.1103.5100.0
  110.8105.9100
  112.5112.2100.0
  164.9104.4100.0
  $526,800$336,200$338,100
  107.6%105.2%100.0%
  101.495.8100.0
  111.698.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
Compare Hockessin, DE cost of living
Compare food, housing, utilities, and more in Hockessin, Delaware to any other city in the US.