Cost of Living in Selbyville, DE
Housing
The housing market plays a significant role in determining the cost of living in Selbyville, DE.
- Housing Index: 120.5 / 100
- Median Home Price is: $267,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1880 per month
If you're considering a move to Selbyville, DE, the housing indicators suggest a market that's slightly above average, with a housing index of 120.5. The median home price of 267000 indicates an accessible entry point, especially when compared to many urban areas. However, a potential rent of 1800 for a 2-bedroom apartment and 1880 for a 2-bedroom house highlights the significant importance of budget planning. Overall, the real estate dynamics here could be appealing if you value space and affordability while still keeping reasonable housing costs in mind.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Selbyville, DE.
- Electricity Price: $16.29 USD (median by state)
- Natural Gas Price: $17.77 USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Selbyville, DE could entail higher utility costs. Electricity costs sit at $16.29, while natural gas is priced at $17.77 per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Selbyville is a financially viable option for your relocation.