Bear cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexBearDelawareNational
Cost of living index109111100
IndexBearDelawareNational
Goods & Services index110107100
Groceries index108106100
Health care index10198100
Housing index113126100
Transportation index9997100
Utilities index109109100
The above illustration supplies generalized information for the Bear, DE cost of living index. Compared to other cities in Delaware and cities across the country, the cost of living index in Bear, DE is 109, which is 2% lower than the Delaware average and 9% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Bear, DE are 2% higher than the average for Delaware and 10% higher than the rest of the country.

Did you know?

  • The cost of living in Bear is 2% lower than the Delaware average.
  • The cost of living in Bear is 9% higher than the national average.
  • The cost of housing in Bear is 13% higher than the national average.
  • Delaware general sales tax is 100% lower than the national average.
  • Delaware state income tax is 100% lower than the national average.

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Salary Calculator

This is how much you would need to earn in
Price difference in compared to
Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
The salary calculator is meant to help you compare your salary in Bear, DE to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Bear, DE, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Bear, DE salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$60,397$5,033$1,409$1,812
Renters$62,708$5,226$1,463$1,881
A good way to judge both the affordability of the housing and the cost of living is by simply calculating the maximum that a person should spend on housing in Bear, DE, otherwise known as the debt-to-income ratio (DTI). The safest way to live in the city is to avoid spending more than 28 percent of the gross income that one earns on costs that pertain to housing and no more than 36 percent on all expenses and debts. Bear, DE has a median income of about $60,397 for people who own homes. Based on that number, a person should spend a maximum of $1,409 on expenses related to housing. Renters have a slightly different median income, which is $62,708. Based on this average, renters should spend no more than $1,463 on all of their rental costs if they want to maintain a non-impoverished standard of living.

Delaware Sales Tax

StateGeneral Sales TaxWith Max Surtax
Delaware0%0%

Delaware Income Tax

StateIncome Tax (Low)Income Tax (High)
Delaware0%6.75%
When assessing the complete cost of living in Bear, DE, the Delaware income tax and the Delaware sales tax percentages should unquestionably be taken into consideration. Sales taxes aren't just levies imposed onto sold goods, but they also include taxes that are charged when services are provided for a fee. The rates are different from state to state and can run has high as 7 percent. Some states have no sales tax at all. The Delaware maximum surtax is 0%, and the Delaware sales tax is 0%. By contrast, income tax is an unfortunate obligation that is charged by the government against earnings. Just like sales taxes, the rates for income taxes differ from state to state. They also decrease or increase according to the individual's tax bracket. Tax rates can run as high as 9 percent, with a minimum of zero. Income tax rates range from 0% to 6.75% in Delaware.

Goods & Services

ItemBearNational avg.Difference
Haircut $12.58$15.5619.2%
Beauty Salon $39.00$36.118.0%
Toothpaste $2.96$2.4719.6%
Shampoo $1.03$0.966.7%
Movie $11.70$10.1315.5%
Bowling $4.67$4.741.4%

Groceries

ItemBearNational avg.Difference
Ground Beef $4.88$3.9822.4%
Fried Chicken $1.78$1.4126.3%
Milk $2.03$2.061.6%
Potatoes $3.77$2.9826.5%
Pizza $9.61$9.471.4%
Beer $9.66$8.799.8%

Health Care

ItemBearNational avg.Difference
Optometrist $127.50$101.0426.2%
Doctor $83.94$107.4421.9%
Dentist $98.50$90.428.9%
Ibuprofen $9.59$9.283.3%
Lipitor $442.05$426.503.6%

Housing

ItemBearNational avg.Difference
Home Price $173,200.00$175,700.001.4%
Avg. Mortgage Payment $1,226.29$1,133.238.2%
Apartment Rent $1,345.00$920.0046.2%

Transportation

ItemBearNational avg.Difference
Gasoline $1.93$1.993.1%
Tire Balancing $47.78$45.764.4%

Utilities

ItemBearNational avg.Difference
All Electricity$184.77$163.8112.8%
Phone $29.95$28.395.5%
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, StatePopulationCost of Living IndexNational Avg.
Lincoln University, PA1,7711077%
Marcus Hook, PA2,43094-6%
Linwood, PA3,39495-5%
Salem, NJ5,04597-3%
Trainer, PA1,75298-2%
Bear, DE19,7321099%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Converse, TX19,73888-12%
Hermosa Beach, CA19,725265165%
Old Jamestown, MO19,7451033%
Altus, OK19,71680-20%
Frederickson, WA19,75411414%
Bear, DE19,7321099%
Source: The Bear, DE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.