Delaware, OH

Below Avg · 88

Ohio · Population 43,168 · Updated March 2026

$1,203
Median Rent / Month
$92,928
Median Income
$279,400
Median Home Value
$1,330
Owner Costs / Month

Affordability

How far your income goes in Delaware

15.5%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$14,436
Annual Rent
$3,252
State Income Tax
$4,275
Property Tax (est.)

Cost of Living Overview

Delaware offers a below-average cost of living, giving residents more purchasing power compared to many US cities. With a cost index of 88 (where 100 equals the national median), Delaware residents can expect to pay median rent of $1,203/month while earning a median household income of $92,928/year.

The median home value in Delaware, OH is $279,400, with typical monthly owner costs around $1,330 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.5% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Delaware.

Frequently Asked Questions

Common questions about living costs in Delaware

What is the cost of living in Delaware, OH?
The cost of living index in Delaware, OH is 88 (US average = 100). Median monthly rent is $1,203, median household income is $92,928/year, and the median home value is $279,400.
Is Delaware, OH affordable?
Yes, Delaware is more affordable than the national average with a cost index of 88. The rent-to-income ratio is 15.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Delaware, OH?
The median gross rent in Delaware, OH is $1,203 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $14,436.
What is the median household income in Delaware?
The median household income in Delaware, OH is $92,928 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.