Cost Of Living in Highland Acres, 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	Highland Acres	Delaware	National
Cost of living	110	108	100
Goods & Services	101	104	100
Groceries	100	102	100
Health care	99	103	100
Housing	130	121	100
Transportation	101	102	100
Utilities	107	98	100

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Cost Of Living Quick Facts

The cost of living in Highland Acres is 2% higher than the Delaware average
The cost of living in Highland Acres is 10% higher than the national average
Highland Acres housing is 30% higher 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	$101,250	$8,438	$2,362	$3,038
Renters	$29,531	$2,461	$689	$886

To approximate the cost of living and the housing affordability in Highland Acres, DE, we can look at the percentage of income that is available to be spent on monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side, a consumer should not spend more than 28% of his or her gross income on housing-related expenses and costs and not more than 36% of income on all expenses and debts. Homeowners in Highland Acres have a median income of $101,250. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,362 per month to avoid calamity and poverty. The renters in the city have an income of about $29,531, which would make their monthly maximum allowable rental costs $689.

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	Highland Acres	National avg.	Difference
Haircut	$23.17	$24.26	4.5%
Beauty Salon	$52.17	$45.56	14.5%
Toothpaste	$3.59	$3.70	3.1%
Shampoo	$1.28	$1.28	0.0%
Movie	$12.40	$12.13	2.2%
Bowling	$19.44	$18.00	8.0%

Groceries

Item	Highland Acres	National avg.	Difference
Ground Beef	$6.11	$5.84	4.7%
Fried Chicken	$1.41	$1.57	10.1%
Milk	$4.68	$4.67	0.1%
Potatoes	$5.38	$4.93	9.0%
Pizza	$12.29	$12.09	1.7%
Beer	$11.43	$10.41	9.8%

Health Care

Item	Highland Acres	National avg.	Difference
Optometrist	$143.30	$125.68	14.0%
Doctor	$134.50	$135.78	0.9%
Dentist	$120.11	$113.29	6.0%
Ibuprofen	$10.51	$10.65	1.3%
Lipitor	$377.86	$468.60	19.4%

Housing

Item	Highland Acres	National avg.	Difference
Home Price	$239,300.00	$184,700.00	29.6%
Avg. Mortgage Payment	$1,951.15	$2,346.69	16.9%
Apartment Rent	$1,236.00	$949.00	30.2%

Transportation

Item	Highland Acres	National avg.	Difference
Gasoline	$3.44	$3.46	0.5%
Tire Balancing	$62.39	$59.92	4.1%

Utilities

Item	Highland Acres	National avg.	Difference
All Electricity	$214.53	$193.99	10.6%
Phone	$195.25	$192.25	1.6%

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.
Hartly, DE	167	83	16.5%
Henderson, MD	157	89	10.7%
Little Creek, DE	288	93	7.3%
Leipsic, DE	141	95	4.9%
Rodney Village, DE	1,165	96	4.1%
Highland Acres, DE	3,913	110	10.1%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Florence, CO	3,913	94	5.9%
Red Oaks Mill, NY	3,913	127	27.0%
Parkesburg, PA	3,913	105	4.8%
Milton, VT	3,913	115	15.4%
Huxley, IA	3,912	103	3.4%
Highland Acres, DE	3,913	110	10.1%

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 Highland Acres, DE