Housing costs in Greenwood?
A typical home costs
$303,500, which is 10.2% less expensive than the national average of
$338,100 and 9.7% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Greenwood costs
$1,150 per month, which is 13.5% cheaper than the national average of
$1,330 and 5.2% more than the state average of
$1,090.
Can I afford Greenwood?
To live comfortably in Greenwood (zip 19950), Delaware, a minimum annual income of
$58,320 for a family, and
$34,800 for a single person is recommended.
What does A.I. say about Greenwood?
The cost of living in 1995 Greenwood, DE is relatively low compared to other cities in the United States. The median home price in 1995 was just $76,200, well below the national average at that time. Renting a one-bedroom apartment could be done for around $500 per month. Groceries were also fairly affordable with the average price of a gallon of milk costing around $2.50 and a dozen eggs costing about $1.50. Additionally, there were various discounts available on goods at local stores, making them quite reasonable for residents as well. Overall, the cost of living in Greenwood is quite affordable which makes it an attractive place to live and visit.