Cost of living in Claymont research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Claymont is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Delaware, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Claymont is 110, with 100 being the average.
The cost of living index in Claymont is 1.1x higher than the national average.
Claymont ranks as the #11 cheapest in Delaware out of 18.
Claymont ranks as the #4,128 cheapest out of 6,412 in the US.
The median home value in Claymont is $219,100.
The median income in Claymont is $58,984.
According to the most recent data on the cost of living, Claymont has an overall cost of living index of 110, which is 1.1x higher than the national index of 100.
Compared to Delaware, Claymont has a cost of living index that's 1.1x higher than Delaware's index of 103.
The standard of living in Claymont ranks as #11 most affordable out of the 18 places we measured in Delaware. By definition, that implies Claymont ranks as the #7 most expensive place in the First State.
For more reading on life in Claymont, check out:
Six factors go into calculating the cost of living index in Claymont. Here is how it fairs on each of the criteria:
The Services index in Claymont is 108.
The Groceries index in Claymont is 125.
The Health index in Claymont is 114.
The Housing index in Claymont is 103.
The Transportation index in Claymont is 111.
The Utilities index in Claymont is 86.
Living Expense | Claymont | Delaware | National Average | |
---|---|---|---|---|
Overall | 110 | 103 | 100 | |
Services | 108 | 105 | 100 | |
Groceries | 125 | 103 | 100 | |
Health | 114 | 104 | 100 | |
Housing | 103 | 101 | 100 | |
Transportation | 111 | 109 | 100 | |
Utilities | 86 | 95 | 100 |
Housing swings affordability the most between places in Delaware, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Claymont is $219,100.
The Median Rent in Claymont is $1,118.
The Median Income in Claymont is $58,984.
The Home Value To Income in Claymont is 3.7x.
The Rent To Monthly Income in Claymont is 0.23x.
Statistic | Claymont | Delaware | United States |
---|---|---|---|
Median Home Value | $219,100 | $269,700 | $244,900 |
Median Rent | $1,118 | $1,199 | $1,163 |
Median Income | $58,984 | $72,724 | $69,021 |
Home Value To Income | 3.7x | 3.7x | 3.5x |
Rent To Monthly Income | 0.23x | 0.2x | 0.2x |
The cost of living varies in the cities and towns around Claymont. Here's a quick look at the cost of living in the most populous nearby places:
Ardmore, PA has a cost of living index of 126, 1.1x Claymont.
Broomall, PA has a cost of living index of 126, 1.1x Claymont.
Village Green-Green Ridge, PA has a cost of living index of 112, 1.0x Claymont.
City | Population | Cost Of Living | Vs. Claymont |
---|---|---|---|
Ardmore, PA | 14,391 | 126 | 1.1x |
Broomall, PA | 10,978 | 126 | 1.1x |
Village Green-Green Ridge, PA | 8,592 | 112 | 1.0x |
Folsom, PA | 8,430 | 111 | 1.0x |
Edgemoor, DE | 6,681 | 109 | 1.0x |
Lionville, PA | 6,662 | 121 | 1.1x |
Swarthmore, PA | 6,560 | 131 | 1.2x |
Penn Wynne, PA | 6,226 | 130 | 1.2x |
Kennett Square, PA | 5,959 | 114 | 1.0x |
Paoli, PA | 5,838 | 125 | 1.1x |