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Home » United States » Is it cheaper to live in Delaware or Virginia?

Is it cheaper to live in Delaware or Virginia?

December 14, 2021 by Trevor Zboncak

Virginia is 20.2% more expensive than Delaware.

Contents

Is Delaware an expensive state to live in?

What Is Delaware’s Cost of Living? While Delaware’s does have a low cost of living compared to the region, it is still roughly 13% higher than the national average. It’s average income, though, is high enough to place it in the nation’s top 10 for that category.

Is it cheaper to live in Virginia?

Virginia scores a 103.7 on the cost of living index which is based on a U.S. average of 100. This means compared to the national average, the cost of living in Virginia is more expensive. However, compared to other east coast cities, Virginia is relatively affordable and has a reasonable cost of living.

Is the cost of living high in Delaware?

An amount below 100 means Delaware is cheaper than the US average. A cost of living index above 100 means Delaware, Delaware is more expensive.
Delaware cost of living is 102.7.

COST OF LIVING Delaware United States
Health 115.7 100
Housing 100.3 100
Median Home Cost $304,500 $291,700
Utilities 105.2 100

How much does it cost to live comfortably in Virginia?

Virginia cost of living is 103.7

COST OF LIVING Virginia United States
Grocery 99.6 100
Health 102.4 100
Housing 111.8 100
Median Home Cost $329,200 $291,700

Is it cheaper to live in DE or MD?

The cost of living in Delaware City, DE is 1.3% higher than in Baltimore, MD. You would have to earn a salary of $60,776 to maintain your current standard of living. Employers in Delaware City, DE typically pay 3.6% more than employeers in Baltimore, MD.

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Is it cheaper to live in Delaware or North Carolina?

The cost of living in Wilmington, DE is 10.4% higher than in Charlotte, NC. You would have to earn a salary of $66,241 to maintain your current standard of living. Employers in Wilmington, DE typically pay 8.8% more than employeers in Charlotte, NC.

Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

Where is the most affordable place to live in Virginia?

The 25 cheapest places to live in Virginia

Rank City 1-BR Average Rent
1 Roanoke $593
2 Vinton $788
3 Petersburg $827
4 Lynchburg $848

Is it cheaper to live in Florida or Virginia?

We can continue the comparison between Virginia and Florida in some other aspects, like transportation, childcare, and sports and leisure. You would see that in almost every aspect, Virginia is cheaper than Florida.

Is it worth moving to Delaware?

Delaware’s scenic beauty, low taxes and affordable housing make this tiny state a wonderful place to live, work and play. Fresh-air pursuits abound, whether your interests lie in hiking, sailing, bicycling, or exploring miles of picturesque shoreline.

How much money do you need to live comfortably in Delaware?

A family with two adults with two children in the state of Delaware would need to earn approximately $7,761 each month or $93,136 per annum to live comfortably here.

What are the benefits of living in Delaware?

Other benefits of Delaware living:

  • Delaware Named Most Tax-Friendly State and Most Tax-Friendly State for Retirees by Kiplinger’s Personal Finance Magazine.
  • Social Security benefits are not taxed.
  • No state or local sales tax.
  • No inheritance tax.
  • No personal property tax.
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What jobs are in high demand in Virginia?

Detailed List Of The Fastest Growing Jobs In Virginia

Rank Job Title Jobs in 2024
1 Occupational Therapy Assistant 1,220
2 Physical Therapy Aide 1,670
3 Home Health Aid 14,490
4 Nurse Practitioner 5,050

What is a livable salary in Virginia?

Living Wage Calculation for Richmond city, Virginia

1 ADULT 2 ADULTS (BOTH WORKING)
0 Children 2 Children
Living Wage $15.95 $20.28
Poverty Wage $6.13 $6.30
Minimum Wage $7.25 $7.25

Where should I move in Virginia?

Best places to live in Virginia include Arlington, Alexandria, Abingdon, Virginia Beach, Chesapeake and Norfolk. More than 175 colleges and universities are in the Commonwealth.

Why is Delaware taxes so cheap?

The state has no value-added taxes (VATs), it does not tax business transactions, and it does not have use, inventory or unitary tax. There is no inheritance tax in Delaware, and there are no capital shares or stock transfer taxes.

Is it better to retire in Delaware or Maryland?

Delaware is a better state to retire compared to Maryland. Delaware is more tax-friendly, less heavily populated, and surrounded by peaceful retreats (including 28-mile coverage of beaches along the coast). That’s not to say that Maryland doesn’t have benefits, because it certainly does.

Is it cheaper to live in Pennsylvania or Delaware?

Pennsylvania has much cheaper home prices but the Property taxes are much higher and are school tax based. Income tax is fixed though and cheaper than MD and DE. Overall though Delaware is the cheapest to live in.

Where can you live for 500 a month?

5 Places to Retire for Under $500 per Month

  • Leon, Nicaragua.
  • Medellin, Colombia.
  • Las Tablas, Panama.
  • Chiang Mai, Thailand.
  • Languedoc-Roussillon, France.
  • Kathleen Peddicord is the founder of the Live and Invest Overseas publishing group.
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What is the safest and cheapest state to live in?

10 best states to live in, based on cost, safety and quality of life

  • New York. Total score: 61.63.
  • Idaho. Total score: 61.16.
  • Minnesota. Total score: 60.97.
  • Wisconsin. Total score: 60.94.
  • Utah. Total score: 59.84.
  • New Hampshire. Total score: 59.59.
  • Iowa. Total score: 59.49.
  • Pennsylvania. Total score: 59.21.

Filed Under: United States

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About Trevor Zboncak

Trevor Zboncak is a bit of an old grump, but he's also one of the kindest people you'll ever meet. He loves to travel and see new places, but he's not a fan of airports or long flights. Trevor has been all over the world, and he has some amazing stories to tell. He's also a great photographer, and his pictures will take your breath away.

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