Housing costs in Delaware?
A typical home costs
$473,000, which is 39.9% more expensive than the national average of
$338,100 and 76.5% more expensive than the average South Dakota home, at
$268,000. Renting a two-bedroom unit in Delaware costs
$860 per month, which is 39.9% more than the national average of
$1,430 and 5.8% cheaper than the state average of
$910.
Can I afford Delaware?
To live comfortably in Delaware, South Dakota, a minimum annual income of
$90,720 for a family, and
$28,000 for a single person is recommended.
What does A.I. say about Delaware?
Delaware, SD has an affordable cost of living compared to many other cities in the United States. According to BestPlaces, Delaware's cost of living index is 91.77, which is lower than the USA average of 100. Housing is particularly affordable at a median price of $125,000 for a three-bedroom house. The state sales tax rate of 4% and a local sales tax rate of 2% are also quite low compared to other parts of the United States. While prices for groceries and utilities may be higher than some other states, the overall cost of living in Delaware still remains very reasonable and manageable for most people.