Cost of Living in Smyrna, DE
Housing
The housing market plays a significant role in determining the cost of living in Smyrna, DE.
- Housing Index: 110.0 / 100
- Median Home Price is: $319,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
If you’re considering a move to Smyrna, DE, the housing data suggests a relatively competitive market with a housing index of 110.0. The median home price of 319000 indicates a moderate barrier to entry for homebuyers, while renters should budget around 1800 for a 2-bedroom apartment or 1840 for a house. It's worth noting that the rental market often reflects demand for homes, so potential residents should also evaluate local amenities and job opportunities to ensure Smyrna aligns with their lifestyle and financial goals.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Smyrna, 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 Smyrna, 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 Smyrna is a financially viable option for your relocation.