Georgetown, DE, has a cost of living index that is slightly below the nationwide average. The overall index stands at 95, which is 5% lower than the national average of 100. This means that, on average, residents in Georgetown can expect to pay less for most goods and services compared to the rest of the country.
Specifically, housing costs in Georgetown are 5% below the average, while groceries are 5% above. Utilities and healthcare costs are also slightly lower, at 2% and 8% below the national average, respectively. Transportation costs are 10% lower, and miscellaneous expenses are 2% higher. This balanced mix makes Georgetown an attractive option for those seeking a more affordable lifestyle.
Georgetown, DE, presents a cost of living that is slightly below the nationwide average. The housing index stands at 95, indicating that housing costs in Georgetown are 5% lower than the national average. This makes it an attractive option for those looking to save on housing expenses without sacrificing quality of life.
In addition to housing, the transportation index in Georgetown is 90, which is 10% lower than the national average. This suggests that commuting and vehicle-related costs are more affordable in Georgetown compared to the rest of the country. Groceries, utilities, healthcare, and miscellaneous costs also show minor variations. Groceries are 5% higher at 105, while utilities and healthcare are slightly lower at 98 and 92, respectively. The miscellaneous cost index stands at 102, indicating a 2% increase. Overall, Georgetown offers a balanced cost of living with some areas being more affordable and others slightly higher than the national average.
