Magnolia 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.
IndexMagnoliaDelawareNational
Cost of living index100109100
IndexMagnoliaDelawareNational
Goods & Services index103107100
Groceries index106107100
Health care index9297100
Housing index98121100
Transportation index9395100
Utilities index10397100

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Did you know?

  • The cost of living in Magnolia is 8% lower than the Delaware average.
  • The cost of living in Magnolia is equal to the national average.
  • The cost of housing in Magnolia is 2% lower than the national average.
  • Delaware general sales tax is 100% lower than the national average.
  • Delaware state income tax is 1% lower than the national average.

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Compare Magnolia, DE Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$75,313$6,276$1,757$2,260
Renters$43,056$3,588$1,005$1,292

Delaware Sales Tax

StateGeneral Sales TaxWith Max Surtax
Delaware0%0%

Delaware Income Tax

StateIncome Tax (Low)Income Tax (High)
Delaware2.2%6.6%

Goods & Services

ItemMagnoliaNational avg.Difference
Haircut $13.22$16.0917.8%
Beauty Salon $36.17$37.333.1%
Toothpaste $2.82$2.4515.2%
Shampoo $1.07$1.006.9%
Movie $11.75$10.2814.3%
Bowling $4.69$4.934.9%

Groceries

ItemMagnoliaNational avg.Difference
Ground Beef $4.33$3.8013.9%
Fried Chicken $1.31$1.406.2%
Milk $2.00$2.010.6%
Potatoes $4.21$3.0139.7%
Pizza $10.24$9.893.6%
Beer $8.99$8.901.0%

Health Care

ItemMagnoliaNational avg.Difference
Optometrist $129.00$102.1626.3%
Doctor $84.33$108.3622.2%
Dentist $84.61$92.538.6%
Ibuprofen $9.74$9.285.0%
Lipitor $405.33$425.824.8%

Housing

ItemMagnoliaNational avg.Difference
Home Price $178,300.00$184,700.003.5%
Avg. Mortgage Payment $1,043.58$1,202.4413.2%
Apartment Rent $971.00$949.002.3%

Transportation

ItemMagnoliaNational avg.Difference
Gasoline $2.20$2.241.8%
Tire Balancing $38.67$46.2916.5%

Utilities

ItemMagnoliaNational avg.Difference
All Electricity$186.84$165.9612.6%
Phone $26.64$28.687.1%
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.
Woodside East, DE2,45288-12%
Little Creek, DE20494-6%
Cheswold, DE1,12394-6%
Leipsic, DE14595-5%
Marydel, MD27695-5%
Magnolia, DE2031000%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
San Mar, MD20311414%
South Lima, NY20389-11%
Luxemburg, IA20385-15%
Whitfield CDP (Santa Rosa County), FL20397-3%
Bailey, TX20377-23%
Magnolia, DE2031000%
Source: The Magnolia, DE cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.