Fenwick Island, Delaware Cost Of Living

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F

Overall 82%

Goods & Services 17%

Housing 247%

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	Fenwick Island	Delaware	National
Cost of living	182	114	100
Goods & Services	117	116	100
Groceries	127	121	100
Health care	96	100	100
Housing	347	121	100
Transportation	99	104	100
Utilities	93	93	100

Key findings

The cost of living in Fenwick Island is 60% higher than the Delaware average
The cost of living in Fenwick Island is 82% higher than the national average
Fenwick Island housing is 247% 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	$66,000	$5,500	$1,540	$1,980
Renters	$46,250	$3,854	$1,079	$1,388

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	Fenwick Island	National avg.	Difference
Haircut	$16.50	$17.49	5.7%
Beauty Salon	$40.00	$38.17	4.8%
Toothpaste	$2.89	$2.32	24.5%
Shampoo	$1.07	$1.01	5.7%
Movie	$11.50	$10.72	7.2%
Bowling	$18.00	$13.86	29.9%

Groceries

Item	Fenwick Island	National avg.	Difference
Ground Beef	$4.59	$3.90	17.7%
Fried Chicken	$2.09	$1.40	49.7%
Milk	$2.32	$1.96	18.2%
Potatoes	$4.52	$3.18	42.0%
Pizza	$10.00	$10.39	3.8%
Beer	$7.99	$9.23	13.4%

Health Care

Item	Fenwick Island	National avg.	Difference
Optometrist	$106.50	$106.34	0.2%
Doctor	$106.50	$115.25	7.6%
Dentist	$88.50	$98.38	10.0%
Ibuprofen	$11.79	$9.26	27.3%
Lipitor	$467.89	$466.47	0.3%

Housing

Item	Fenwick Island	National avg.	Difference
Home Price	$822,200.00	$184,700.00	345.2%
Avg. Mortgage Payment	$1,135.23	$1,273.32	10.8%
Apartment Rent	$1,104.00	$949.00	16.3%

Transportation

Item	Fenwick Island	National avg.	Difference
Gasoline	$2.44	$2.59	5.9%
Tire Balancing	$54.00	$48.90	10.4%

Utilities

Item	Fenwick Island	National avg.	Difference
All Electricity	$153.32	$167.60	8.5%
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.
Whaleyville, MD	102	112	12%
Long Neck, DE	2,656	93	-7%
Millsboro, DE	4,121	107	7%
Frankford, DE	840	109	9%
Dagsboro, DE	931	111	11%
Fenwick Island, DE	398	182	82%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Pitts, GA	398	81	-19%
West Alexander, PA	398	92	-8%
Goshen, VA	398	84	-16%
Tillatoba, MS	398	88	-12%
Farmington, WV	398	78	-22%
Fenwick Island, DE	398	182	82%

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

Fenwick Island, DE Cost of Living

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