Quick Answer: What Is The Cost Of Living In Delaware?

Is Delaware a poor state?

In fact, even after the national economic growth spurt of the last few years, Delaware was one of just two states where the poverty rate rose in 2018 (to 13.6 percent).

Overall, Delaware ranked a mediocre 29th in the nation in the NAEP..

What is the cheapest state to live in?

MississippiThe cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

What is the coldest month in Delaware?

JanuaryDelaware average temperature With an average of 23.2 °C | 73.8 °F, July is the warmest month. At -2.7 °C | 27.1 °F on average, January is the coldest month of the year.

Is Delaware the most boring state?

Percent of the population over 60 (Higher is more boring) Percent of the population over 15 that is married (Higher is more boring) Percent of households with kids (Higher is more boring) Population density (Lower is more boring)…Population: 1,329,923.StateRankPennsylvania41Delaware42California43Illinois4446 more rows•Oct 29, 2018

What are the benefits of living in Delaware?

Other benefits of Delaware living:Delaware Named Most Tax-Friendly State and Most Tax-Friendly State for Retirees by Kiplinger’s Personal Finance Magazine.Social Security benefits are not taxed.No state or local sales tax.No inheritance tax.No personal property tax.

What is a good salary in Delaware?

While ZipRecruiter is seeing salaries as high as $127,942 and as low as $19,285, the majority of salaries within the Average jobs category currently range between $46,567 (25th percentile) to $69,615 (75th percentile) with top earners (90th percentile) making $84,667 annually in Delaware.

Where is the cheapest 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.

How many millionaires are in Delaware?

24,000 millionaireDelaware has more than 24,000 millionaire households or about 6.6 percent of total households.

Is Delaware a safe place to live?

The safest city in Delaware is Newark, a city of 34K in New Castle County 12 miles south of Wilmington, the state’s largest city….Delaware’s Safest Cities.DE1CityNewarkPopulation34207Violent crime100Property crime6674 more columns•Dec 27, 2020

What state will pay you $10000 to move there?

That’s right, there are three spots in the United States—Tulsa, Oklahoma; Newton, Iowa; and the Shoals in Alabama—that are currently offering to pay people up to $10,000 to move to them. It’s ideal for remote workers looking to get away or those who want to find a new forever home!

What is middle class income in Delaware?

Range of household incomes needed to be considered middle class, by family sizeStateSingleCoupleConnecticut$28,364 – $85,091$40,112 – $120,336Delaware$26,146 – $78,437$36,975 – $110,926District of Columbia$30,242 – $90,727$42,769 – $128,307Florida$26,015 – $78,045$36,791 – $110,37348 more rows•Dec 12, 2020

What is the best town to live in Delaware?

These are Some of the Best Places to Live in DelawareArden.Bellefonte.The Triangle.South Bethany.Centreville.Middletown.Claymont.Wyoming.More items…•Feb 19, 2020

How much money do you need to live comfortably in Delaware?

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.

Is Delaware a good place to live?

Delaware’s scenic beauty, low taxes and affordable housing make this tiny state a wonderful place to live, work and play. … Increasing numbers of people – from young couples to retirees – have discovered the wide-ranging benefits of Delaware living.

What are the bad parts of Delaware?

The 20 Worst Places to Live in DelawareNewark. Newark is a city in New Castle County in Delaware that has a population of more than 33,000 people. … Elsmere. Elsmere is a suburb of Philadelphia in the Delaware Valley that has a population of 6,049. … Smyrna. … Camden. … New Castle. … Bridgeville. … Georgetown. … Harrington.More items…

What is the cheapest and safest state to live in?

Mississippi. As of 2019, Mississippi is ranked as the most affordable states to live in, with a cost of living that’s about 15% lower than the United States average. … Arkansas. Arkansas is next on the list. … Oklahoma. … Missouri. … Tennessee. … Michigan. … Kansas. … Georgia.More items…

What is the most expensive state to live in 2020?

CaliforniaThe most expensive state in America for 2020? California tops the list this year as the most expensive state based on MIT living wage data.

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).

Is it cheaper to live 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 LIVINGDelawareUnited StatesHealth115.7100Housing100.3100Median Home Cost$231,900$231,200Utilities105.21004 more rows

Why are houses in Delaware so cheap?

Delaware’s low property tax offset by the state’s high income tax rate. The state also has no retail sales tax, although businesses pay a gross receipts tax on sales.

What is the Delaware loophole?

Often referred to as the “Delaware loophole,” the accounting strategy enables huge corporations to declare certain types of revenue in the state where the company is incorporated rather than in the state where the business operates and the revenue is earned.