D-
17%
Overall NAT. AVG.
6%
Goods & Services NAT. AVG.
48%
Housing NAT. AVG.
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Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; 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 Glasgow Delaware National
Cost of living117108100
Goods & Services106104100
Groceries106102100
Health care107103100
Housing148121100
Transportation108102100
Utilities9298100

An Overview of Cost of Living in Glasgow, DE

Understanding the cost of living in Glasgow can help future residents assess whether their current financial situation aligns with the expenses they will encounter. It enables them to plan for potential changes in their budget and lifestyle. The Glasgow cost of living index is 117, which is 17% higher than the national average. The cost of living index is calculated by taking into account multiple categories, which encompass both the cost of everyday expenditures and larger expenses as well.

Housing costs are a major factor in the Glasgow cost of living index, and they often eat up a big chunk of your take-home pay. Unfortunately, in this area, housing expenses for both homeownership and rentals were 47.7% higher than what's typical in an average city. That includes the prices of homes and rents, as well as mortgage rates and insurance.

Is Glasgow Affordable?

Is Glasgow affordable? It's a key consideration when pondering a move, as affordability often shapes your choices. The cost of living index (we discussed it earlier), coupled with housing costs and income levels, serves as the cornerstone for determining a location's affordability. Take Glasgow, for instance, where the median home price falls 48.6% higher than the national average, and monthly rent rates are 45.5% higher than usual. Additionally, median income levels contribute to the equation, with Glasgow flaunting a median household income of $93,416, 68.9% higher than the national norm.

What Factors can Influence the Cost of Living in Glasgow?

Urbanization: Urban areas with extensive amenities and job opportunities tend to have a higher cost of living due to increased demand for services and relocation, resulting in higher home prices and higher rents. Less densely populated rural areas, or areas with less demand tend to have fewer amenities and slower job growth, which results in a lower cost of living.

Subsidies: Certain regions may provide government subsidies or assistance initiatives designed to alleviate the cost of living burden on their residents. These programs encompass a wide range of support mechanisms, such as Medicare, Medicaid, housing subsidies, low-income home energy assistance programs, school lunch programs, supplemental nutrition assistance programs, student loans, electric vehicle tax credits, affordable care act subsidies and farming subsidies. Areas with fewer subsidy offerings might experience an elevation in their cost of living.

Utilities: Similar to the prices of any other goods or services, utility expenditures can exhibit substantial variability, influenced by factors such as climate, energy sources accessibility, geographical location and state regulations. Costs related to electricity, water, heating, and waste disposal can fluctuate, whether higher or lower, contingent on the city or state. In Glasgow, the utilities index is 8.2% lower than the national average.

Where is the Data From?

The cost of living in Glasgow, presented above is derived from the C2ER cost of living index, offering a practical method for assessing living cost disparities in urban areas. Published quarterly, this index compiles data from more than 300 independent researchers, encompassing over 60 goods and services in 6 categories. The weightings assigned to cost variances are informed by government survey data tracking the expenditure patterns of professional and executive households. It should be noted that the C2ER index does not include data on sales or income tax rates, however, AreaVibes incorporates tax rates into the overall cost of living score for each area.

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Cost Of Living Quick Facts

  • The cost of living in Glasgow is 8% higher than the Delaware average
  • The cost of living in Glasgow is 17% higher than the national average
  • Glasgow housing is 48% higher than the national average
  • Delaware general sales tax is 100% lower than the national average
  • Delaware state income tax is 15% lower than the national average

Most Affordable Places to Live in and Around Glasgow

See all the best places to live around Glasgow

Compare Glasgow, DE Cost of Living

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      Price difference in compared to
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      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$94,770$7,898$2,211$2,843
      Renters$70,096$5,841$1,635$2,103
      The affordability of the housing market in Glasgow, DE as well as the overall cost of living can be predicted by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Glasgow homeowners, the median income is $94,770. This indicates that a monthly maximum of $2,211 should be spent by homeowners on all housing related costs. Renters have a median income of $70,096. This indicates that renters would have a maximum of $1,635 for their rent related monthly 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 Glasgow National avg. Difference
      Haircut $30.14$24.2624.2%
      Beauty Salon $47.42$45.564.1%
      Toothpaste $3.61$3.702.4%
      Shampoo $1.41$1.2810.4%
      Movie $12.71$12.134.7%
      Bowling $19.50$18.008.3%

      Groceries

      Item Glasgow National avg. Difference
      Ground Beef $5.73$5.841.9%
      Fried Chicken $1.52$1.573.6%
      Milk $4.81$4.673.0%
      Potatoes $5.40$4.939.5%
      Pizza $11.33$12.096.2%
      Beer $11.96$10.4114.8%

      Health Care

      Item Glasgow National avg. Difference
      Optometrist $113.67$125.689.6%
      Doctor $149.53$135.7810.1%
      Dentist $132.28$113.2916.8%
      Ibuprofen $10.94$10.652.7%
      Lipitor $438.67$468.606.4%

      Housing

      Item Glasgow National avg. Difference
      Home Price $274,500.00$184,700.0048.6%
      Avg. Mortgage Payment $2,192.51$2,346.696.6%
      Apartment Rent $1,381.00$949.0045.5%

      Transportation

      Item Glasgow National avg. Difference
      Gasoline $3.50$3.461.0%
      Tire Balancing $74.86$59.9224.9%

      Utilities

      Item Glasgow National avg. Difference
      All Electricity $173.73$193.9910.4%
      Phone $182.79$192.254.9%
      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 Population Cost of Living Index National Avg.
      Lincoln University, PA1,8431044.4%
      Salem, NJ4,7618812.4%
      Penns Grove, NJ4,793982.4%
      Carneys Point, NJ7,302991.3%
      Pennsville, NJ11,9681000.3%
      Glasgow, DE15,39911717.4%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Talladega, AL15,4058217.7%
      Powder Springs, GA15,3901000.3%
      Grosse Pointe Woods, MI15,40911414.0%
      Fullerton, PA15,4151054.7%
      Pincourt, QC15,382n/a 
      Glasgow, DE15,39911717.4%
      Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.