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Cost of Living in Dukes County

Is it better to rent or buy in Dukes County? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$127,751
$1,430/mo

Median in area: $1,430

$1,154,165

Median in area: $1,154,165

$230,833

If you Rent

🔑
$1,751 /mo
Base Rent$1,430
Est. Utilities$321
% of Income16.4%
Pre-tax Residual$8,895

If you Buy

🏠
$7,561 /mo
P&I (7.16%)$6,242
Taxes & Ins$998
Est. Utilities$321
% of Income71.0%
Pre-tax Residual$3,084

Compare Nearby Areas

See how Dukes County stacks up against neighboring areas.

Cost of Living FAQs

Is it cheaper to rent or buy in Dukes County?

Based on median housing data, renting is currently more affordable on a monthly basis in Dukes County. The estimated all-in monthly cost for renting is $1,751, while owning a median-priced home with a 20% down payment is roughly $7,561 per month (a difference of $5,810).

How much do utilities cost in Dukes County?

The average monthly utility cost (electricity and natural gas) for a typical home in Dukes County is approximately $321. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Dukes County?

To comfortably afford the median rent and utilities in Dukes County without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $70,040 per year.