Pike Creek, DE Cost Of Living
Cost Of Living In Pike Creek, DE Summary
Cost of living in Pike Creek research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Pike Creek is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Delaware, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Pike Creek is 129, with 100 being the average.
The cost of living index in Pike Creek is 1.3x higher than the national average.
Pike Creek ranks as the #17 cheapest in Delaware out of 19.
Pike Creek ranks as the #4,942 cheapest out of 6,489 in the US.
The median home value in Pike Creek is $505,900.
The median income in Pike Creek is $135,703.
Table Of Contents
Pike Creek's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Pike Creek, DE?
According to the most recent data on the cost of living, Pike Creek has an overall cost of living index of 129, which is 1.3x higher than the national index of 100.
Compared to Delaware, Pike Creek has a cost of living index that's 1.2x higher than Delaware's index of 106.
The standard of living in Pike Creek ranks as #17 most affordable out of the 19 places we measured in Delaware. By definition, that implies Pike Creek ranks as the #2 most expensive place in the First State.
For more reading on life in Pike Creek, check out:
In Delaware
In America
Pike Creek Cost Of Living Vs. Delaware
Six factors go into calculating the cost of living index in Pike Creek. Here is how it fairs on each of the criteria:
The Services index in Pike Creek is 105.
The Groceries index in Pike Creek is 104.
The Health index in Pike Creek is 107.
The Housing index in Pike Creek is 184.
The Transportation index in Pike Creek is 108.
The Utilities index in Pike Creek is 92.
| Living Expense | Pike Creek | Delaware | National Average | |
|---|---|---|---|---|
| Overall | 129 | 106 | 100 | |
| Services | 105 | 103 | 100 | |
| Groceries | 104 | 103 | 100 | |
| Health | 107 | 103 | 100 | |
| Housing | 184 | 123 | 100 | |
| Transportation | 108 | 102 | 100 | |
| Utilities | 92 | 100 | 100 | |
Pike Creek, DE Housing Cost Breakdown
Housing swings affordability the most between places in Delaware, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Pike Creek is $505,900.
The Median Rent in Pike Creek is $2,294.
The Median Income in Pike Creek is $135,703.
The Home Value To Income in Pike Creek is 3.7x.
The Rent To Monthly Income in Pike Creek is 0.2x.
| Statistic | Pike Creek | Delaware | United States |
|---|---|---|---|
| Median Home Value | $505,900 | $398,669 | $303,400 |
| Median Rent | $2,294 | $1,341 | $1,348 |
| Median Income | $135,703 | $82,855 | $78,538 |
| Home Value To Income | 3.7x | 4.8x | 3.9x |
| Rent To Monthly Income | 0.2x | 0.19x | 0.21x |
Median Home Value
Median Rent
Median Income
Pike Creek, DE Costs By Category
Detailed Pike Creek Services Costs Vs. Delaware
| Item | Pike Creek | Delaware |
|---|---|---|
| Shampoo | $1.41 | $1.28 |
| Movie | $12.71 | $12.13 |
| Bowling | $19.5 | $18 |
| Haircut | $30.14 | $24.26 |
| Beauty Salon | $47.42 | $45.56 |
Detailed Pike Creek Groceries Costs Vs. Delaware
| Item | Pike Creek | Delaware |
|---|---|---|
| Ground Beef | $5.73 | $5.84 |
| Fried Chicken | $1.52 | $1.57 |
| Milk | $4.81 | $4.67 |
| Potatoes | $5.4 | $4.93 |
| Pizza | $11.33 | $12.09 |
| Beer | $11.96 | $10.41 |
| Toothpaste | $3.61 | $3.7 |
Detailed Pike Creek Health Costs Vs. Delaware
| Item | Pike Creek | Delaware |
|---|---|---|
| Optometrist | $113.67 | $125.68 |
| Doctor | $149.53 | $135.78 |
| Dentist | $132.28 | $113.29 |
Detailed Pike Creek Transportation Costs Vs. Delaware
| Item | Pike Creek | Delaware |
|---|---|---|
| Gasoline | $3.5 | $3.46 |
| Tire Balancing | $74.86 | $59.92 |
Detailed Pike Creek Utilities Costs Vs. Delaware
| Item | Pike Creek | Delaware |
|---|---|---|
| All Electricity | $173.73 | $193.99 |
| Phone | $182.79 | $192.25 |
Pike Creek SnackAbility
/10
Cost Of Living In Cities Around Pike Creek
The cost of living varies in the cities and towns around Pike Creek. Here's a quick look at the cost of living in the most populous nearby places:
Newark, DE has a cost of living index of 118, 0.9x Pike Creek.
West Chester, PA has a cost of living index of 131, 1.0x Pike Creek.
Brookside, DE has a cost of living index of 109, 0.8x Pike Creek.
| City | Population | Cost Of Living | Vs. Pike Creek |
|---|---|---|---|
| Newark, DE | 30,309 | 118 | 0.9x |
| West Chester, PA | 19,235 | 131 | 1.0x |
| Brookside, DE | 15,262 | 109 | 0.8x |
| Hockessin, DE | 13,608 | 145 | 1.1x |
| Coatesville, PA | 13,323 | 100 | 0.8x |
| Pennsville, NJ | 12,238 | 99 | 0.8x |
| Pike Creek Valley, DE | 11,992 | 116 | 0.9x |
| Village Green-Green Ridge, PA | 8,725 | 114 | 0.9x |
| Brookhaven, PA | 8,288 | 110 | 0.9x |
| North Star, DE | 8,178 | 138 | 1.1x |
