DE · Rank 11 of 50 affordable
Can teachers afford to live in Delaware?
Yes — manageable.
The average Delaware teacher earns $76,570 per year. A typical 2-bedroom rents for about $1,732/mo, which is 27% of gross monthly pay. The 30% rule is the standard healthy benchmark.
Avg Teacher Salary
$76,570
Cost-of-Living Index
101.9
US avg = 100
Affordability Score
60/100
Renting in Delaware
2BR Rent / mo
$1,732
Annual Rent
$20,788
% of Salary
27%
Left after rent
$4,649/mo
Green zone is under the 30% healthy housing benchmark.
Buying a Home in Delaware
Median Home Price
$427,980
10% Down
$42,798
P&I (7%, 30yr)
$2,563/mo
Full PITI
$3,080/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.