DE · Rank 23 of 50 affordable
Can teachers afford to live in Delaware?
Tight, but workable.
The average Delaware teacher earns $65,141 per year. A typical 2-bedroom rents for about $1,751/mo, which is 32% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$65,141
Cost-of-Living Index
103
US avg = 100
Affordability Score
42/100
Renting in Delaware
2BR Rent / mo
$1,751
Annual Rent
$21,012
% of Salary
32%
Left after rent
$3,677/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Delaware
Median Home Price
$432,600
10% Down
$43,260
P&I (7%, 30yr)
$2,590/mo
Full PITI
$3,113/mo
Estimated mortgage payment as a share of average teacher monthly gross pay, including taxes & insurance.
Estimates assume a 10% down payment, 7% 30-year fixed rate, 1.1% property tax, and 0.35% home insurance. Actual rates and prices vary by district and metro area.