Housing costs in Dover?
A typical home costs
$303,800, which is 10.1% less expensive than the national average of
$338,100 and 9.6% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Dover costs
$1,180 per month, which is 17.5% cheaper than the national average of
$1,430 and 12.7% cheaper than the state average of
$1,330.
Can I afford Dover?
To live comfortably in Dover Delaw Metro Area, Delaware, a minimum annual income of
$58,320 for a family, and
$39,200 for a single person is recommended.
What does A.I. say about Dover?
The cost of living in the Dover, DE Metro Area is quite affordable compared to the US average. At 98.6 on the cost of living index, it is 1.4 points lower than the national average of 100. Despite this lower cost of living, house median values in Dover are still higher than the national average, at $303,800 compared to $338,100 in the US as a whole. This suggests that house prices have kept up with inflation in Dover despite its lower cost of living index rating.