Cost of Living in Felton, DE
Housing
The housing market plays a significant role in determining the cost of living in Felton, DE.
- Housing Index: Data is updating
- Median Home Price is: $245,000
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
When considering a move to Felton, DE, the housing market presents some interesting insights. The housing index stands at 0.0, indicating market conditions may be favorable for buyers. The median home price of 245000 suggests a manageable entry point into homeownership; however, with an average rent of ${ {average_rent_2br_apartment} } for a 2-bedroom apartment and $0.0 for a house currently unspecified, it's vital to weigh your options. Overall, if affordability on residential properties is key to your decision, Felton could offer promising opportunities. Just be sure to explore local amenities and employment opportunities!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Felton, 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.): Data is updating
Living in Felton, 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 data unavailable 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 Felton is a financially viable option for your relocation.