Housing costs in Millsboro?
A typical home costs
$350,100, which is 3.5% more expensive than the national average of
$338,100 and 4.1% more expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Millsboro costs
$1,100 per month, which is 17.3% cheaper than the national average of
$1,330 and close to the state average of
$1,090.
Can I afford Millsboro?
To live comfortably in Millsboro (zip 19966), Delaware, a minimum annual income of
$66,960 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Millsboro?
In 1996, the cost of living in Millsboro, DE was relatively low compared to other areas at the time. The median home value was just $73,000 and the median household income was around $29,000. Housing costs were also very affordable with a typical rent for a two-bedroom apartment being around $550 per month. Utility costs were also very reasonable with electric bills rarely exceeding $50 each month. Grocery prices were relatively low as well, with the average family spending around $140 per week on food items. All in all, Millsboro was a great place to live in 1996 due to its cost of living that was below average for the area.