Is Retiring in Delaware, Ohio, Worth the High Price Tag?

Delaware, Ohio, might seem like a dream retirement spot with its cozy small-town vibe and easy access to Columbus. But before packing your bags, consider this: living here won't come cheap. The median home price in Delaware County is a whopping $419, 500, which is way higher than Ohio's average. Why? Well, there aren't enough homes to go around, and everyone wants a piece of this charming town. Healthcare is another big expense. Sure, there are plenty of hospitals and clinics around, but they come at a cost. In 2019, people in Delaware County spent about $9, 137 per person on healthcare—that's nearly 20% more than the state average. And if you're 65 or older, brace yourself: women spend around $16, 000 to $24, 000 a year, while men spend between $19, 000 and $26, 000. Then there are the taxes. Delaware County has a property tax rate of 1. 6439%, which is higher than the state average. Plus, the city of Delaware adds a 1. 85% income tax on top of Ohio's state income tax and federal taxes. And don't forget the sales tax—5. 75% statewide and an average of 7. 24% when you factor in local taxes. So, why is Delaware so expensive? Partly because it's just 30 minutes away from Columbus, a big city with plenty of jobs, universities, and entertainment. But Delaware itself has a lot to offer, like a historic downtown, boutique shops, and plenty of parks. It's also a safe place to live, with a crime rate that's much lower than the state and national averages. But before you decide, weigh the pros and cons. On one hand, you get a high quality of life, great healthcare, and easy access to Columbus. On the other hand, you'll be paying a lot in taxes, housing, and living expenses. Is it worth it? That depends on your budget and what you're looking for in a retirement spot.