Townsend, DE Cost of Living


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Townsend cost of living score
104.1
More expensive
4.1% higher
than the US average
0.6% higher
than the Delaware average
Townsend, 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.

Townsend, DE

Housing costs in Townsend?
A typical home costs $430,900, which is 27.4% more expensive than the national average of $338,100 and 28.2% more expensive than the average Delaware home, at $336,200. Renting a two-bedroom unit in Townsend costs $1,670 per month, which is 16.8% more than the national average of $1,430 and 20.4% more than the state average of $1,330.

Can I afford Townsend?
To live comfortably in Townsend, Delaware, a minimum annual income of $82,440 for a family, and $55,200 for a single person is recommended.

What does A.I. say about Townsend?
The cost of living in Townsend, DE is quite reasonable when compared to other nearby cities. The median family income is $74,988 and the median home price is around $263,125. Housing costs are relatively low due to the abundance of land in Delaware, which makes it an attractive option for many people looking for a more affordable place to live. Additionally, the overall cost of living in Townsend remains below the national average making it a great choice for those on a budget. Groceries and transportation can also be found at much lower prices than what one might find in larger cities. In short, Townsend offers great value for money when it comes to living expenses.
   Cost of living score
     CategoriesTownsendDelawareUnited States
  104.1103.5100.0
  107.2105.9100
  112.5112.2100.0
  130.6104.4100.0
  $430,900$336,200$338,100
  104.5%105.2%100.0%
  111.995.8100.0
  112.098.2100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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