Claymont, Delaware Cost Of Living

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D-

Overall 10%

Goods & Services 19%

Housing 4%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; this is the most current data available.

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	Claymont	Delaware	National
Cost of living	110	114	100
Goods & Services	119	116	100
Groceries	123	121	100
Health care	112	100	100
Housing	104	121	100
Transportation	110	104	100
Utilities	84	93	100

Key findings

The cost of living in Claymont is 3% lower than the Delaware average
The cost of living in Claymont is 10% higher than the national average
Claymont housing is 4% higher than the national average
Delaware general sales tax is 100% lower than the national average
Delaware state income tax is 11% 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	$67,672	$5,639	$1,579	$2,030
Renters	$36,381	$3,032	$849	$1,092

The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Claymont, DE, as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Claymont homeowners, is $67,672. This would allow for a maximum of $1,579 per month to be spent on housing costs. For renters, the median monthly income is $36,381 which would result in a maximum of $849 to be spent on rental costs.

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	Claymont	National avg.	Difference
Haircut	$17.67	$17.49	1.0%
Beauty Salon	$45.33	$38.17	18.8%
Toothpaste	$2.86	$2.32	23.2%
Shampoo	$1.18	$1.01	16.6%
Movie	$11.75	$10.72	9.6%
Bowling	$18.00	$13.86	29.9%

Groceries

Item	Claymont	National avg.	Difference
Ground Beef	$4.49	$3.90	15.1%
Fried Chicken	$2.16	$1.40	54.8%
Milk	$2.59	$1.96	32.0%
Potatoes	$4.99	$3.18	56.8%
Pizza	$10.00	$10.39	3.8%
Beer	$8.49	$9.23	8.0%

Health Care

Item	Claymont	National avg.	Difference
Optometrist	$112.50	$106.34	5.8%
Doctor	$97.50	$115.25	15.4%
Dentist	$133.50	$98.38	35.7%
Ibuprofen	$11.76	$9.26	27.0%
Lipitor	$470.99	$466.47	1.0%

Housing

Item	Claymont	National avg.	Difference
Home Price	$196,400.00	$184,700.00	6.3%
Avg. Mortgage Payment	$1,352.21	$1,273.32	6.2%
Apartment Rent	$940.00	$949.00	0.9%

Transportation

Item	Claymont	National avg.	Difference
Gasoline	$2.73	$2.59	5.2%
Tire Balancing	$60.00	$48.90	22.7%

Utilities

Item	Claymont	National avg.	Difference
All Electricity	$125.16	$167.60	25.3%
Phone	$173.76	$163.42	6.3%

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, State	Population	Cost of Living Index	National Avg.
Cheyney University, PA	663	113	13%
Prospect Park CDP, PA	224	86	-14%
Chester, PA	34,056	95	-5%
Marcus Hook, PA	2,420	97	-3%
Darby, PA	10,677	94	-6%
Claymont, DE	8,943	110	10%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Maili, HI	8,943	158	58%
Lakes, AK	8,944	120	20%
Lantana, TX	8,944	140	40%
Bennington, VT	8,945	102	2%
Boiling Springs, SC	8,945	95	-5%
Claymont, DE	8,943	110	10%

Source: The Claymont, DE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

Claymont, DE Cost of Living

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