Highland Acres 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.
IndexHighland AcresDelawareNational
Cost of living index113111100
IndexHighland AcresDelawareNational
Goods & Services index105107100
Groceries index105106100
Health care index9698100
Housing index137126100
Transportation index9597100
Utilities index109109100
Displayed above is a general overview of the Highland Acres, DE cost of living index. The overall cost of living index in Highland Acres, DE is 113, which is 2% higher than the Delaware average and 13% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Highland Acres, DE are 2% lower than the Delaware average and 5% higher than the national average.

Did you know?

  • The cost of living in Highland Acres is 2% higher than the Delaware average.
  • The cost of living in Highland Acres is 13% higher than the national average.
  • The cost of housing in Highland Acres is 37% 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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Compare Highland Acres, DE Cost of living To Other Cities

Salary Calculator

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The salary calculator is meant to help you compare your salary in Highland Acres, 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 Highland Acres, DE, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Highland Acres, 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$89,052$7,421$2,078$2,672
Renters$46,532$3,878$1,086$1,396
One can approximate the cost of living and the housing affordability in Highland Acres, DE by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Highland Acres, DE have a median income of $89,052. Therefore, the amount that a consumer should spend on housing costs should be no more than $2,078 per month to avoid calamity and poverty. The renters in the city have an income of about $46,532, which would make their monthly maximum allowable rental costs $1,086.

Delaware Sales Tax

StateGeneral Sales TaxWith Max Surtax
Delaware0%0%

Delaware Income Tax

StateIncome Tax (Low)Income Tax (High)
Delaware0%6.75%
When you are determining the total cost of living in Highland Acres, DE you will want to make sure you consider both the Delaware sales tax and the Delaware income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Delaware is 0%, with the highest surtax being 0%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Delaware have a range from 0% to 6.75%.

Goods & Services

ItemHighland AcresNational avg.Difference
Haircut $12.33$15.5620.8%
Beauty Salon $33.33$36.117.7%
Toothpaste $2.63$2.476.2%
Shampoo $1.05$0.968.8%
Movie $11.67$10.1315.2%
Bowling $4.79$4.741.2%

Groceries

ItemHighland AcresNational avg.Difference
Ground Beef $4.77$3.9819.8%
Fried Chicken $1.59$1.4112.8%
Milk $2.02$2.062.3%
Potatoes $3.74$2.9825.3%
Pizza $9.61$9.471.4%
Beer $9.66$8.799.8%

Health Care

ItemHighland AcresNational avg.Difference
Optometrist $131.00$101.0429.6%
Doctor $82.39$107.4423.3%
Dentist $88.34$90.422.3%
Ibuprofen $9.90$9.286.7%
Lipitor $434.08$426.501.8%

Housing

ItemHighland AcresNational avg.Difference
Home Price $245,000.00$175,700.0039.4%
Avg. Mortgage Payment $861.28$1,133.2324.0%
Apartment Rent $1,201.00$920.0030.5%

Transportation

ItemHighland AcresNational avg.Difference
Gasoline $1.88$1.995.6%
Tire Balancing $43.80$45.764.3%

Utilities

ItemHighland AcresNational avg.Difference
All Electricity$182.99$163.8111.7%
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.
Henderson, MD19892-8%
Marydel, MD18496-4%
Goldsboro, MD16597-3%
Rodney Village, DE1,32098-2%
Harrington, DE3,64398-2%
Highland Acres, DE3,96211313%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Whiteman AFB, MO3,96298-2%
San Manuel, AZ3,96186-14%
Otsego, MI3,96179-21%
Maeser, UT3,9631044%
Burgaw, NC3,96096-4%
Highland Acres, DE3,96211313%
Source: The Highland Acres, DE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.