Cost of Living in Dover, DE
Housing
The housing market plays a significant role in determining the cost of living in Dover, DE.
- Housing Index: 115.0 / 100
- Median Home Price is: $303,000
- Average Rent (2 BR Apartment): $1200 per month
- Average Rent (2 BR House): $1300 per month
Considering moving to Dover, DE? With a population of and a median age of , the city has a youthful community that supports an active lifestyle. The median income of indicates decent earning potential, yet the poverty level is at , highlighting some economic challenges. With a significant 7.5% unemployment rate combined with only 28% married families, it suggests a diverse yet possibly volatile job market. Be sure to weigh these factors carefully in your decision-making process as they can significantly impact your living experience in Dover.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Dover, 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 Dover, 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 Dover is a financially viable option for your relocation.