Cost of Living in Hockessin, DE

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

247.5

100 = national avg

+147.5 vs national average

Living Wage (1 Adult)

$108,909

per year

Living Wage (Family of 4)

$257,421

per year

Cost Index by Category

Housing
301.5
Food
182.0
Transportation
264.0
Healthcare
165.6
Utilities
189.5

100 = national average. Higher = more expensive.

Fair Market Rent

Source: HUD

1 Bedroom

$1,520

per month

2 Bedroom

$1,810

per month

The overall cost of living index in Hockessin is 247.5, which is 147.5% above the national average. Housing costs are above the national average at an index of 301.5. A single adult needs to earn approximately $108,909 per year to cover basic expenses.