Cost Of Living in Greenwood, DE

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Greenwood	Delaware	National
Cost of living	101	108	100
Goods & Services	106	104	100
Groceries	100	102	100
Health care	104	103	100
Housing	97	121	100
Transportation	98	102	100
Utilities	95	98	100

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Cost Of Living Quick Facts

The cost of living in Greenwood is 7% lower than the Delaware average
The cost of living in Greenwood is 1% higher than the national average
Greenwood housing is 3% lower than the national average
Delaware general sales tax is 100% lower than the national average
Delaware state income tax is 15% lower than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$65,750	$5,479	$1,534	$1,973
Renters	$61,056	$5,088	$1,425	$1,832

Delaware Sales Tax

State	General Sales Tax	With Max Surtax
Delaware	0%	0%

Delaware Income Tax

State	Income Tax (Low)	Income Tax (High)
Delaware	2.2%	6.6%

Goods & Services

Item	Greenwood	National avg.	Difference
Haircut	$29.11	$24.26	20.0%
Beauty Salon	$52.88	$45.56	16.1%
Toothpaste	$3.76	$3.70	1.6%
Shampoo	$1.20	$1.28	6.5%
Movie	$13.93	$12.13	14.8%
Bowling	$23.28	$18.00	29.3%

Groceries

Item	Greenwood	National avg.	Difference
Ground Beef	$5.47	$5.84	6.3%
Fried Chicken	$1.34	$1.57	14.8%
Milk	$4.61	$4.67	1.3%
Potatoes	$5.39	$4.93	9.2%
Pizza	$12.81	$12.09	6.0%
Beer	$10.53	$10.41	1.1%

Health Care

Item	Greenwood	National avg.	Difference
Optometrist	$144.11	$125.68	14.7%
Doctor	$139.66	$135.78	2.9%
Dentist	$132.33	$113.29	16.8%
Ibuprofen	$10.65	$10.65	0.0%
Lipitor	$369.07	$468.60	21.2%

Housing

Item	Greenwood	National avg.	Difference
Home Price	$166,600.00	$184,700.00	9.8%
Avg. Mortgage Payment	$2,380.70	$2,346.69	1.4%
Apartment Rent	$1,082.00	$949.00	14.0%

Transportation

Item	Greenwood	National avg.	Difference
Gasoline	$3.40	$3.46	1.7%
Tire Balancing	$57.32	$59.92	4.3%

Utilities

Item	Greenwood	National avg.	Difference
All Electricity	$182.13	$193.99	6.1%
Phone	$182.79	$192.25	4.9%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
West Denton, MD	14	102	1.7%
Farmington, DE	184	91	9.1%
Federalsburg, MD	2,668	93	7.5%
Hurlock, MD	2,390	94	6.1%
Blades, DE	1,123	97	2.7%
Greenwood, DE	1,127	101	0.6%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Notasulga, AL	1,127	83	16.6%
Pine Lakes, FL	1,127	89	11.3%
Groton, MA	1,127	134	34.2%
Port Republic, NJ	1,127	122	22.3%
Mescalero, NM	1,127	76	23.9%
Greenwood, DE	1,127	101	0.6%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Greenwood, DE