Edgemoor, DE Cost Of Living
Cost Of Living In Edgemoor, DE Summary
Cost of living in Edgemoor 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 Edgemoor 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 Edgemoor is 109, with 100 being the average.
The cost of living index in Edgemoor is 1.1x higher than the national average.
Edgemoor ranks as the #9 cheapest in Delaware out of 18.
Edgemoor ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Edgemoor is $251,600.
The median income in Edgemoor is $67,841.
Table Of Contents
Edgemoor's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Edgemoor, DE?
According to the most recent data on the cost of living, Edgemoor has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Delaware, Edgemoor has a cost of living index that's 1.1x higher than Delaware's index of 103.
The standard of living in Edgemoor ranks as #9 most affordable out of the 18 places we measured in Delaware. By definition, that implies Edgemoor ranks as the #9 most expensive place in the First State.
For more reading on life in Edgemoor, check out:
- Living In Edgemoor
- Search Homes For Sale In Edgemoor, DE
In Delaware
In America
Edgemoor Cost Of Living Vs. Delaware
Six factors go into calculating the cost of living index in Edgemoor. Here is how it fairs on each of the criteria:
The Services index in Edgemoor is 111.
The Groceries index in Edgemoor is 125.
The Health index in Edgemoor is 114.
The Housing index in Edgemoor is 109.
The Transportation index in Edgemoor is 111.
The Utilities index in Edgemoor is 86.
| Living Expense | Edgemoor | Delaware | National Average | |
|---|---|---|---|---|
| Overall | 109 | 103 | 100 | |
| Services | 111 | 105 | 100 | |
| Groceries | 125 | 103 | 100 | |
| Health | 114 | 104 | 100 | |
| Housing | 109 | 101 | 100 | |
| Transportation | 111 | 109 | 100 | |
| Utilities | 86 | 95 | 100 | |
Edgemoor, DE Housing Cost Breakdown
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 Edgemoor is $251,600.
The Median Rent in Edgemoor is $1,221.
The Median Income in Edgemoor is $67,841.
The Home Value To Income in Edgemoor is 3.7x.
The Rent To Monthly Income in Edgemoor is 0.22x.
| Statistic | Edgemoor | Delaware | United States |
|---|---|---|---|
| Median Home Value | $251,600 | $269,700 | $244,900 |
| Median Rent | $1,221 | $1,199 | $1,163 |
| Median Income | $67,841 | $72,724 | $69,021 |
| Home Value To Income | 3.7x | 3.7x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.2x | 0.2x |
Median Home Value
Median Rent
Median Income
Edgemoor, DE Costs By Category
Detailed Edgemoor Services Costs Vs. Delaware
Detailed Edgemoor Groceries Costs Vs. Delaware
Detailed Edgemoor Health Costs Vs. Delaware
Detailed Edgemoor Transportation Costs Vs. Delaware
Detailed Edgemoor Utilities Costs Vs. Delaware
Edgemoor SnackAbility
/10
Cost Of Living In Cities Around Edgemoor
The cost of living varies in the cities and towns around Edgemoor. Here's a quick look at the cost of living in the most populous nearby places:
Wilmington, DE has a cost of living index of 103, 0.9x Edgemoor.
Drexel Hill, PA has a cost of living index of 108, 1.0x Edgemoor.
West Chester, PA has a cost of living index of 124, 1.1x Edgemoor.
| City | Population | Cost Of Living | Vs. Edgemoor |
|---|---|---|---|
| Wilmington, DE | 70,926 | 103 | 0.9x |
| Drexel Hill, PA | 28,538 | 108 | 1.0x |
| West Chester, PA | 18,592 | 124 | 1.1x |
| Broomall, PA | 10,978 | 126 | 1.2x |
| Claymont, DE | 9,508 | 110 | 1.0x |
| Village Green-Green Ridge, PA | 8,592 | 112 | 1.0x |
| Folsom, PA | 8,430 | 111 | 1.0x |
| Carneys Point, NJ | 8,091 | 106 | 1.0x |
| Ridley Park, PA | 7,131 | 112 | 1.0x |
| Swarthmore, PA | 6,560 | 131 | 1.2x |
