The group estimates a family of two adults and two children in Delaware County would need to earn a combined $93,136 per year — or $7,761 a month — to live comfortably.
What is a good salary in Delaware?
Average Salary in Delaware
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $84,667 | $41 |
| 75th Percentile | $69,615 | $33 |
| Average | $62,390 | $30 |
| 25th Percentile | $46,567 | $22 |
How much does it cost to live comfortably in Delaware?
Our cost of living indices are based on a US average of 100. An amount below 100 means Delaware is cheaper than the US average.
Delaware cost of living is 102.7.
| COST OF LIVING | Delaware | United States |
|---|---|---|
| Health | 115.7 | 100 |
| Housing | 100.3 | 100 |
| Median Home Cost | $304,500 | $291,700 |
| Utilities | 105.2 | 100 |
Can I afford to live in Delaware?
One thing to keep in mind, however, is that Delaware has a low cost of living compared to other states in the region, but nationally it is still about 13% higher than average. Folks generally consider the housing market here to be good, meaning you can find what you need at a price you like.
Is Delaware low cost of living?
Delaware’s affordable housing, low taxes, and the thriving job market in diverse industries make the First State a first-rate place to live.
What is the best paying job in Delaware?
Operator And Truck Driver
Detailed List Of Highest Paying Jobs In Delaware
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Operator And Truck Driver | $138,495 |
| 2 | Driver/owner Operator | $118,839 |
| 3 | Manager | $104,553 |
| 4 | Engineer | $81,296 |
What are the most common jobs in Delaware?
The most common jobs held by residents of Delaware, by number of employees, are Registered nurses (14,460 people), Other managers (11,416 people), and Retail salespersons (10,150 people).
What is the cheapest state to live in?
Mississippi
Mississippi. Mississippi is the cheapest state to live in in the United States. Overall, costs in the state are 17% lower than the national average. Housing costs in Mississippi are the lowest in the nation.
Is it cheaper to live in Pennsylvania or Delaware?
Delaware is 9.2% cheaper than Pennsylvania.
Is it cheaper to live in Delaware or New Jersey?
Delaware is 19.7% cheaper than New Jersey.
Why is Delaware so cheap?
The state has no value-added taxes (VATs), it does not tax business transactions, and it does not have use, inventory or unitary tax. There is no inheritance tax in Delaware, and there are no capital shares or stock transfer taxes.
Is it cheaper to live in Delaware or Maryland?
The cost of living in Delaware City, DE is 1.3% higher than in Baltimore, MD. You would have to earn a salary of $60,776 to maintain your current standard of living. Employers in Delaware City, DE typically pay 3.6% more than employeers in Baltimore, MD.
Is Delaware a good state to move to?
Delaware is home to incredible beaches, plenty of small-town charm, and with plenty of things to do and places to explore in the big cities such as Wilmington and nearby Philadelphia. It’s also easy to stay fit and healthy in retirement here.
Where is the most affordable place to live in Delaware?
For the third consecutive year Pike Creek is the most affordable place to live in Delaware, according to a new study from SmartAsset. The study, which compares income to homeowner expenses, outlined the 10 most affordable places to live in each state.
Is it cheaper to live in Delaware or Florida?
Even though the costs of living are relatively similar, Delaware is cheaper. The cost of living is reasonably affordable in Delaware, but it is still 13% higher than in other states.
What is the best area to live in Delaware?
The 20 Best Places to Live in Delaware
- Pike Creek Valley.
- Greenville.
- Hockessin.
- Rehoboth Beach.
- Highland.
- Midtown Brandywine.
- Happy Valley.
- Lower Highlands. 5,198 residents choose to call Lower Highlands their home, and for very good reason.
How is the job market in Delaware?
But jobs are increasing in Delaware, with 2,900 new jobs between March and January, according to Dougherty. The state added 2,300 jobs in March alone, with 1,000 new jobs in health care and 600 new jobs in construction. Overall, the state is still not back to pre-pandemic levels.
Is Delaware a state?
Delaware became a state on June 15, 1776, when the Delaware Assembly formally adopted a resolution declaring an end to Delaware’s status as a colony of Great Britain and establishing the three counties as an independent state under the authority of “the Government of the Counties of New Castle, Kent and Sussex Upon
What is the racial makeup of Delaware?
Delaware Demographics
White: 68.76% Black or African American: 22.18% Asian: 3.87% Two or more races: 2.83%
Who is the largest employer in Delaware?
The state’s largest employers are: government (State of Delaware, New Castle County) education (University of Delaware, Delaware Technical & Community College) banking (Bank of America, M&T Bank, JPMorgan Chase, Citigroup, Deutsche Bank)
Does Delaware get snow?
Snow is uncommon in Delaware, as the temperatures are usually too warm, averaging in the upper 40s°F to low 50s °F from December through February. Spring tends to be rather rainy though the daytime highs start to become mild by mid-March.
