The Best Affordable Places to Live in Wyoming in 2025
Best Affordable Places to Live in Wyoming in 2025
(Last Updated – 03/2025)
With big skies, low population density, and no individual state income tax, it’s no surprise Wyoming beckons. Still, some Wyoming cities (like Casper) are more affordable than others (like Jackson). Fortunately, we’ve combed data including housing values, rent prices, median incomes, and more to gather the best Wyoming cities for the budget-conscious — no matter your stage of life.
Best Places to Live in Wyoming
The wide-open west is welcoming for your wallet; Wyoming as a state enjoys a lower cost of living than the national average, but higher than its neighbor Montana. Ready to find a place for yourself amidst the snow-capped mountains? From Wyoming’s biggest, most bustling cities — which are still moderately sized, in the scheme of things — to quaint little burgs with plenty of growth opportunity, here are the most affordable cities in Wyoming.
💡 Quick Tip: SoFi’s Lock and Look + feature allows you to lock in a low mortgage financing rate for 90 days while you search for the perfect place to call home.
Best Affordable Places to Live in Wyoming
These three Wyoming cities get the spotlight as the most affordable — and coolest — spots to call home.
1. Casper
Photo credit: iStock/DenisTangneyJr
Although its population doesn’t quite reach 60,000, Casper is Wyoming’s second-largest community — and it offers a great combination of big-city amenities with a small-town feel. With job availability in the energy and health care sectors, plenty of different types of people can find opportunities, and the city is home to the annual Central Wyoming Fair and Rodeo among other cultural to-dos. For outdoor fun, there’s easy access to Casper Mountain and Alcova Reservoir, among other pursuits. Plus, it’s got one of the lowest costs of living in the state.
Population: 58,720
Median Household Income: $69,171
Cost of Living: 86% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 4.2
2. Cheyenne
Photo credit: iStock/DenisTangneyJr
Wyoming’s largest city still boasts well under 100,000 people, but is home to all the big-city amenities and attractions you’d expect of the state’s capital. Residents and visitors alike can check out the Botanic Gardens and Wyoming State Museum, not to mention the career opportunities offered in its bustling downtown. Finally, both Nebraska and Colorado are near at hand whenever a change of scenery is called for.
Population: 65,168
Median Household Income: $77,176
Cost of Living: 99% of U.S. average
Average Rent Price: $1,375
Home Price-to-Income Ratio: 4.7
3. Gillette
Photo credit: iStock/Brittany Grant
Originally founded back in 1891 as a railway town, Gillette has come a long way: With a population of more than 33,000, it’s the third-largest city in Wyoming behind Cheyenne and Casper. Fossil fuels are a large part of the boom — and to this day, energy remains the community’s largest industry. It’s also close to natural attractions like Keyhole State Park and Devil Tower for outdoor recreation enthusiasts.
Population: 33,496
Median Household Income: $90,699
Cost of Living: 85% of U.S. average
Average Rent Price: $1,150
Home Price-to-Income Ratio: 3.8
Best Places to Live in Wyoming for Families
Everything’s a little different once you’ve got little ones along for the ride. Good news: There are plenty of communities in Wyoming that are welcoming to families.
1. Sheridan
Photo credit: iStock/DC_Colombia
A small-town feel and affordable rents put Sheridan at the top of our list for families looking for a place to settle in Wyoming, and highly ranked public schools will also be attractive to those with children. Plus, with multiple public parks (complete with playgrounds), access to the vast wilderness of the Bighorn National Forest, and plenty of kid-friendly museums, there’s much to learn, see, and do in Sheridan — at any age.
Population: 19,543
Median Household Income: $61,598
Cost of Living: 89% of U.S. average
Average Rent Price: $1,550
Home Price-to-Income Ratio: 6.7
2. Green River
Photo credit: iStock/Robert_Ford
A small town tucked into the southwestern corner of the state, only about two and a half hours’ drive from Salt Lake City, Green River is the kind of place where you can get to know all your neighbors — and as they say, it takes a village. Plus, it’s right next to the Flaming Gorge National Recreation Area, so opportunities to play outside abound.
Population: 11,496
Median Household Income: $85,399
Cost of Living: 78% of U.S. average
Average Rent Price: $899
Home Price-to-Income Ratio: 3.4
3. Evanston
Photo credit: iStock/BOB WESTON
It’s not news that raising kids is expensive — so a town with a cost of living 18% less than the national average gives parents a significant leg up for footing the bill. Parks, playgrounds, and family-friendly activities give families plenty to do outside of work and school, all in a close-knit, small-town environment.
Population: 11,807
Median Household Income: $76,569
Cost of Living: 82% of U.S. average
Average Rent Price: $1,240
Home Price-to-Income Ratio: 3.7
Best Places to Live in Wyoming for Young Adults
For young adults hoping to mingle, network, and get themselves established, Wyoming has more to offer than might initially meet the eye. Here are some of the best communities in the state for 20- and 30-somethings.
1. Casper
Photo credit: iStock/DenisTangneyJr
Again, Casper finds its way onto our list — but with one of the largest populations in the state coupled with one of the lowest costs of living, it’s inarguably a solid choice for those looking to get a start in life. A variety of museums and cultural events make great first-date spots (and for some, employment opportunities), while the median age of 37 means young adults can find plenty of peers.
Population: 58,720
Median Household Income: $69,171
Cost of Living: 86% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 4.2
2. Cheyenne
Photo credit: iStock/DenisTangneyJr
With a perfect combination of outdoorsy opportunities and in-town to-dos, Cheyenne truly offers something for everyone — including young adults. As this is the state capital, those interested in going into government positions will find ample opportunities, while the health care and education industries offer alternate career paths.
Population: 65,168
Median Household Income: $77,176
Cost of Living: 99% of U.S. average
Average Rent Price: $1,375
Home Price-to-Income Ratio: 4.7
3. Rock Springs
Photo credit: iStock/tristanbnz
Looking for a slower pace of life? For young adults ready to move to a smaller community, Rock Springs may offer a soft landing pad. Along with its very low cost of living, the town offers a brief commute to other communities like Green River and Evanston, so there’s even more opportunity to mix, mingle, and explore.
Population: 22,954
Median Household Income: $73,307
Cost of Living: 82% of U.S. average
Average Rent Price: $899
Home Price-to-Income Ratio: 3.8
💡 Quick Tip: Generally, the lower your debt-to-income ratio, the better loan terms you’ll be offered. One way to improve your ratio is to increase your income (hello, side hustle!). Another way is to consolidate your debt and lower your monthly debt payments.
Best Places to Live in Wyoming for Retirees
Retiring amidst the Wyoming mountains sounds like a dream for many — especially since the Cowboy State doesn’t tax retirement benefits. Given its low cost of living, Wyoming may be a feasible place for those on a fixed income to hang their hat in their golden years — especially these affordable communities.
1. Rawlins
Photo credit: iStock/BOB WESTON
Small-town living with all the basics covered — and a cost of living some 20% lower than the U.S. average — makes Rawlins an option that beckons to some retirees. The Carbon County seat is home to attractions like the Wyoming Frontier Prison Museum, along with the dog-friendly Rawlins Spring Park for afternoon walks. The Rawlins Senior Center hosts Tai Chi classes as well as games of Bunco, cribbage, and bingo.
Population: 8,032
Median Household Income: $69,912
Cost of Living: 81% of U.S. average
Average Rent Price: $785
Home Price-to-Income Ratio: 2.7
2. Torrington
Photo credit: iStock/fotoguy22
An extremely small-town option with a high percentage of seniors, Torrington offers retirees the chance to feel at home in that “everybody knows your name” kind of way. Plus, a cost of living 16% lower than the national average makes living on a fixed income more feasible.
Population: 6,212
Median Household Income: $53,393
Cost of Living: 84% of U.S. average
Average Rent Price: $900
Home Price-to-Income Ratio: 4.3
3. Gillette
Photo credit: iStock/Brittany Grant
For retirees who still want the resources of a mid-sized city — but are also looking for the reduced living costs of a smaller town — Gillette offers a meet-in-the-middle compromise. With plenty of things to do (including the well-kept greenery of the Bell Nob Golf Course), Gillette makes it easy to stay active.
Population: 33,496
Median Household Income: $90,699
Cost of Living: 85% of U.S. average
Average Rent Price: $1,150
Home Price-to-Income Ratio: 3.8
Best Places to Live in Wyoming Near the Mountains
Looking to live in the shadows of purple mountain majesties… or just like to shred come wintertime? Wyoming has plenty of opportunities.
1. Cody
Photo credit: iStock/Danielrao
Given Cody’s proximity to Yellowstone National Park — the first national park not only in America, but the world, by the way — we couldn’t fail to include it on this list. Plus, a cost of living 16% lower than the U.S. average means this mountain paradise is accessible to many.
Population: 10,240
Median Household Income: $68,676
Cost of Living: 84% of U.S. average
Average Rent Price: $1,750
Home Price-to-Income Ratio: 7.1
2. Rawlins
Photo credit: iStock/BOB WESTON
Within an easy drive of Medicine Bow-Routt National Forest and the North Platte River, Rawlins offers sweeping countryside views and excellent outdoor to-dos. And you don’t even have to go far: Nearby Rawlins Peak is a common quick hike you could do in an afternoon.
Population: 8,032
Median Household Income: $69,912
Cost of Living: 81% of U.S. average
Average Rent Price: $785
Home Price-to-Income Ratio: 2.7
3. Riverton
Photo credit: Flickr/Jimmy Emerson, DVM , Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic
As Riverton’s name suggests, a river really does run through it — and it doesn’t take too much driving by Wyoming standards to get into the mountains. In fact, Moran, tucked into the heart of the Tetons, is just a two-hour drive away, and the sweeping views of other ranges are much closer.
Population: 10,923
Median Household Income: $56,280
Cost of Living: 80% of U.S. average
Average Rent Price: $800
Home Price-to-Income Ratio: 4.4
The Takeaway
Wyoming is awash with beautiful, affordable cities and towns for people of all different backgrounds and lifestyles. Whether you’re looking for a place to raise your family or you’re a young adult ready for a fresh start, check out affordable Wyoming options like Casper, Cheyenne, and Laramie.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
Browse Other States
FAQ
Where is the best and cheapest place to live in Wyoming?
The most affordable major metro in Wyoming is Casper, with a cost of living some 14% lower than the U.S. average and a population of just under 60,000. Cheyenne, the state capital, is a culturally vibrant city of about 65,000 with a home-price-to-income ratio (4.7) that’s only slightly higher than Casper’s (4.2).
Where is the best place to live in Wyoming?
Everyone has their own definition of best, but for families with kids, Sheridan offers a great mix of outdoor activities and well-regarded schools, at a cost of living that’s just 89% of the national average. For those hoping for as much city hustle-bustle as possible, the capital city of Cheyenne might beckon.
What city in Wyoming has the lowest property taxes?
Wyoming has an average property tax of 0.58%, lower than two-thirds of U.S. states, so any city here will be better than many cities elsewhere. The tax rate varies by county, and Teton County (the state’s highest-income county and home to the city of Jackson) boasts one of the lowest; the median effective rate is 0.39%.
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SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
‡SoFi On-Time Close Guarantee: If all conditions of the Guarantee are met, and your loan does not close on or before the closing date on your purchase contract accepted by SoFi, and the delay is due to SoFi, SoFi will provide you $2,000.^ Terms and conditions apply. This Guarantee is available only for loan applications submitted after 6/15/22 for the purchase of a primary residence. Please discuss terms of this Guarantee with your loan officer. The property must be owner-occupied, single-family residence (no condos), and the loan amount must meet the Fannie Mae conventional guidelines. No bank-owned or short-sale transactions. To qualify for the Guarantee, you must: (1) Have employment income supported by W-2, (2) Receive written approval by SoFi for the loan and you lock the rate, (3) submit an executed purchase contract on an eligible property at least 30 days prior to the closing date in the purchase contract, (4) provide to SoFi (by upload) all required documentation within 24 hours of SoFi requesting your documentation and upload any follow-up required documents within 36 hours of the request, and (5) pay for and schedule an appraisal within 48 hours of the appraiser first contacting you by phone or email. The Guarantee will be void and not paid if any delays to closing are due to factors outside of SoFi control, including delays scheduling or completing the appraisal appointment, appraised value disputes, completing a property inspection, making repairs to the property by any party, addressing possible title defects, natural disasters, further negotiation of or changes to the purchase contract, changes to the loan terms, or changes in borrower’s eligibility for the loan (e.g., changes in credit profile or employment), or if property purchase does not occur. SoFi may change or terminate this offer at any time without notice to you. ^To redeem the Guarantee if conditions met, see documentation provided by loan officer.
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SOHL-Q125-129
Best Affordable Places to Live in Iowa in 2025
Best Affordable Places to Live in Iowa in 2025
By Lauren Ward
(Last Updated – 03/2025)
Iowa, the Hawkeye state, is known for its corn fields and state fair. It’s home to a population of about 3.2 million people and has a strong economy with just a 3.2% unemployment rate (compared to 4.1% nationwide as of December 2024). The cost of living is also 10.3% lower than the country’s average. Check out the best places to live in Iowa, whether you’re looking broadly or want to find the spots most suitable to families, seniors, or young professionals.
Best Places to Live in Iowa
There are plenty of options to choose from when looking for the best places in Iowa to live. Some cities, like Des Moines and Davenport, may be especially well-suited to working professionals and young families, particularly in more affordable surrounding areas. Other parts of the state are more peaceful and affordable for those who like the quiet life, such as Iowa Falls.
💡 Quick Tip: SoFi’s Lock and Look + feature allows you to lock in a low mortgage financing rate for 90 days while you search for the perfect place to call home.
Best Affordable Places to Live in Iowa
Ready to discover the best affordable places to live in Iowa? We’ve got you covered with these options.
1. Waterloo
Photo credit: iStock/DenisTangneyJr
Waterloo can be an inviting place for first-time homebuyers, as well as renters looking for a reasonably priced place to call home.
Population: 66,606
Median Household Income: $56,344
Cost of Living: 82%
Average Rent Price: $850
Home Price-to-Income Ratio: 2.47
2. Davenport
Photo credit: iStock/DenisTangneyJr
Davenport is an affordable area that has become increasingly popular and is the largest city in the Quad Cities — a region of four cities across both Iowa and Illinois. You’ll find plenty of entertainment and breweries in Davenport, along with one of the nation’s largest St. Patrick’s Day parades.
Population: 100,354
Median Household Income: $64,497
Cost of Living: 85% of U.S. average
Average Rent Price: $950
Home Price-to-Income Ratio: 2.62
6. Sioux City
Photo credit: iStock/BergmannD
Sioux City is in northwestern Iowa and has an attractively low cost of living. The city is steeped in natural history and includes hands-on attractions like a fossil dig site replica, the LaunchPAD Children’s Museum, and the Sergeant Floyd River Museum.
Population: 85,727
Median Household Income: $65,473
Cost of Living: 85% of U.S. average
Average Rent Price: $1,200
Home Price-to-Income Ratio: 2.75
Best Places to Live in Iowa for Families
Looking for the best places to live in Iowa for families? We’ve picked three affordable options across the state.
1. Waukee
Photo credit: iStock/Jacob Boomsma
A suburb of Des Moines, Waukee is one of the top spots for families in the state. It’s got family favorites like a movie theater and bowling alley, as well as a robust parks system for outdoor play time.
Population: 31,645
Median Household Income: $106,728
Cost of Living: 91% of U.S. average
Average Rent Price: $2,000
Home Price-to-Income Ratio: 3.22
2. Grimes
Also near Des Moines, Grimes is perfect for families who love to experience unique activities together. It has arcades, indoor rock climbing, and a family-friendly raceway. Parents also appreciate the town’s well-rated public school system.
Population: 16,362
Median Household Income: $104,497
Cost of Living: 91% of U.S. average
Average Rent Price: $1,500
Home Price-to-Income Ratio: 3.24
3. North Liberty
North Liberty is a suburban community located less than 20 minutes outside of Iowa City. The town’s Centennial Park hosts a major blues and barbecue festival each summer, and there’s also an active outdoors scene in the winter time. The family can enjoy seasonal activities like ice fishing, skating, and sculpture walks.
If you’re considering moving to North Liberty and buying a home, it could be helpful to browse tips on how to qualify for a mortgage.
Population: 21,345
Median Household Income: $103,933
Cost of Living: 88% of U.S. average
Average Rent Price: $1,350
Home Price-to-Income Ratio: 2.79
Recommended: Different Types of Mortgage Loans
Best Places to Live in Iowa for Young Adults
Young adults have plenty of places to choose from across Iowa, balancing both work and play. Here are our top picks.
1. Des Moines
Photo credit: iStock/f11photo
Young adults looking for strong job opportunities will appreciate the low unemployment rate in Des Moines, with a significant proportion of jobs in the health care and financial sectors. The city has a thriving brewery scene as well as a huge network of hiking, jogging, and biking trails.
If you are shopping for your first home, make sure you understand the difference between mortgage prequalification and preapproval.
Population: 210,381
Median Household Income: $63,966
Cost of Living: 93% of U.S. average
Average Rent Price: $1,125
Home Price-to-Income Ratio: 3.12
2. Tiffin
Young professionals who want a charming small town feel should consider Tiffin. It’s just outside of Cedar Rapids, and the nearby F.W. Kent County Park is a prime spot for outdoor recreation enthusiasts.
If you’re considering putting down roots in Tiffin, the town’s affordability means that the average home still shouldn’t require a jumbo mortgage loan.
Population: 6,325
Median Household Income: $106,034
Cost of Living: 89.6% of U.S. average
Average Rent Price: $1,386
Home Price-to-Income Ratio: 2.93
3. Clive
Clive is located just outside of Des Moines. Young adults will enjoy the nightlife in local breweries and bars. You’ll also find outlets for your hobbies, thanks to spots to pursue swimming, art, and more.
Population: 19,005
Median Household Income: $131,082
Cost of Living: 91% of U.S. average
Average Rent Price: $1,275
Home Price-to-Income Ratio: 3.09
Recommended: Cost of Living by State
Best Places to Live in Iowa for Retirees
Looking for the best places to live in Iowa for seniors? Here are three affordable picks to consider.
1. Marion
Photo credit: Wikimedia Commons/James.Heires , Creative Commons Attribution-ShareAlike 4.0 International
Seniors account for almost 20% of the adult population in Marion, making it a great place to retire. Plus, the city organizes plenty of activities for this age group, including games, fitness, and dancing.
Population: 42,213
Median Household Income: $87,105
Cost of Living: 83% of U.S. average
Average Rent Price: $775
Home Price-to-Income Ratio: 2.92
2. Keokuk
Photo credit: Flickr/Jimmy Emerson, DVM , Creative Commons Attribution-NonCommercial-NoDerivs 2.0 Generic
This Mississippi River town is nestled close to the Illinois border and within two hours by car from Iowa City and Cedar Rapids, which means both entertainment and major health care centers are within reach. Home prices in Keokuk tend to be extremely low.
Population: 9,513
Median Household Income: $49,340
Cost of Living: 82% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 1.65
3. Windsor Heights
Photo credit: Wikimedia Commons/Mikjones24 , Creative Commons Attribution-ShareAlike 4.0 International
For retirees who want to stay in the Des Moines area, Windsor Heights is a great suburban option. It’s just a 10 minute drive away, and it offers a small-town feel with plenty of cafes and parks.
Population: 5,067
Median Household Income: $89,083
Cost of Living: 89% of U.S. average
Average Rent Price: $1,295
Home Price-to-Income Ratio: 3.03
Recommended: Home Loan Help Center
Best Places to Live in Iowa Near the Water
Iowa is full of majestic rivers and lakes. Here are the top spots for moving closer to the water, either as your full-time home or as an affordable weekend getaway.
1. Burlington
Photo credit: iStock/EJ_Rodriquez
Located on the banks of the Mississippi River, Burlington is an affordable town with an accessible waterfront. Take in sweeping river views from the bluffs of Mosquito Park, or jump in a kayak or canoe from one of the many public boat ramps.
Are you in the market for a home in Burlington? Consider going through the mortgage preapproval process, which can help give you an edge.
Population: 23,565
Median Household Income: $55,274
Cost of Living: 80% of U.S. average
Average Rent Price: $750
Home Price-to-Income Ratio: 2.09
2. Waterloo
Photo credit: iStock/DenisTangneyJr
Explore the Cedar River in Waterloo both on land and water. There are calm areas for canoeing and kayaking, or you can opt for a power boat to get around. There’s also a thriving arts scene anchored by the nearby Cedar Rapids Museum of Art.
Population: 66,606
Median Household Income: $56,344
Cost of Living: 82% of U.S. average
Average Rent Price: $850
Home Price-to-Income Ratio: 2.47
3. Iowa Falls
Iowa Falls sits on the Iowa River with plenty of areas to explore by foot, car, canoe, or kayak. Fishing, hiking, camping, and paddling are all popular pursuits. One of the city’s best river vantage points is from the historic swinging bridge in Assembly Park.
Population: 5,002
Median Household Income: $53,051
Cost of Living: 74.1% of U.S. average
Average Rent Price: $1,100
Home Price-to-Income Ratio: 2.26
💡 Quick Tip: If you refinance your mortgage and shorten your loan term, you could save a substantial amount in interest over the lifetime of the loan.
The Takeaway
There are plenty of affordable options when searching for the best place to live in Iowa, including suburban areas close to busy cities and pretty river towns. Not certain Iowa is the spot? Explore a guide to the cost of living by state for more options.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
Browse Other States
FAQ
Where is the cheapest suburban place to live in Iowa?
There are many affordable suburbs to enjoy in Iowa. Clive, Tiffin, and Waukee are a few of the options to consider that provide a tranquil setting close to a major city.
Where is the nicest place to live in Iowa?
It depends what you’re looking for. There are plenty of bustling urban areas, like Des Moines and Davenport. But you may also enjoy a charming small town such as Tiffin or living close to the water in Iowa Falls.
How much money do you need to live comfortably in Iowa?
The amount of money you need to live comfortably in Iowa varies based on where you live and work. In Des Moines, in a family of four with one working adult and two children, the adult would need to earn an average of $38.82 per hour, or about $80,00 a year, according to the Massachusetts Institute of Technology Living Wage Calculator.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
+Lock and Look program: Terms and conditions apply. Applies to conventional purchase loans only. Rate will lock for 91 calendar days at the time of preapproval. An executed purchase contract is required within 60 days of your initial rate lock. If current market pricing improves by 0.25 percentage points or more from the original locked rate, you may request your loan officer to review your loan application to determine if you qualify for a one-time float down. SoFi reserves the right to change or terminate this offer at any time with or without notice to you.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
Qualifying for the reward requires using a real estate agent that participates in HomeStory’s broker to broker agreement to complete the real estate buy and/or sell transaction. You retain the right to negotiate buyer and or seller representation agreements. Upon successful close of the transaction, the Real Estate Agent pays a fee to HomeStory Real Estate Services. All Agents have been independently vetted by HomeStory to meet performance expectations required to participate in the program. If you are currently working with a REALTOR®, please disregard this notice. It is not our intention to solicit the offerings of other REALTORS®. A reward is not available where prohibited by state law, including Alaska, Iowa, Louisiana and Missouri. A reduced agent commission may be available for sellers in lieu of the reward in Mississippi, New Jersey, Oklahoma, and Oregon and should be discussed with the agent upon enrollment. No reward will be available for buyers in Mississippi, Oklahoma, and Oregon. A commission credit may be available for buyers in lieu of the reward in New Jersey and must be discussed with the agent upon enrollment and included in a Buyer Agency Agreement with Rebate Provision. Rewards in Kansas and Tennessee are required to be delivered by gift card.
HomeStory will issue the reward using the payment option you select and will be sent to the client enrolled in the program within 45 days of HomeStory Real Estate Services receipt of settlement statements and any other documentation reasonably required to calculate the applicable reward amount. Real estate agent fees and commissions still apply. Short sale transactions do not qualify for the reward. Depending on state regulations highlighted above, reward amount is based on sale price of the home purchased and/or sold and cannot exceed $9,500 per buy or sell transaction. Employer-sponsored relocations may preclude participation in the reward program offering. SoFi is not responsible for the reward.
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SOHL-Q125-094
Arizona: The Best Affordable Places to Live in 2025
Best Affordable Places to Live in Arizona in 2025
(Last Updated – 03/2025)
With a statewide cost of living that’s 111.5% of the national average, Arizona may not be what everyone would call a cheap place to live, but it can be a relatively affordable piece of southwestern paradise — especially when you consider that the average is driven up by expensive towns like Sedona. There are plenty of less costly places to live in the Grand Canyon State, and residents can enjoy year-round sun and sprawling desert vistas.
Plus, with a top marginal state income tax rate of just 2.5%, Arizona is one of the least-taxed states in the southwest (outside of neighboring Nevada, which doesn’t have any state income tax at all).
In short, there are plenty of reasons to consider a move to this somewhat-undersung hero of a state. But which cities are the best place in Arizona to live?
Best Places to Live in Arizona
From the wild and wonderful communities in the heart of the state to the shores of Lake Havasu and its major cities, too, Arizona truly has something for everyone when it comes to affordable places to live.
Below, we’ve broken these out into several lists depending on your personal needs and life circumstances. In some cases, the same city appears on more than one list. What can we say? Some places in Arizona are just that awesome.
💡 Quick Tip: SoFi’s Lock and Look + feature allows you to lock in a low mortgage financing rate for 90 days while you search for the perfect place to call home.
Best Affordable Places to Live in Arizona
What are the cheapest places to live in Arizona? Glad you asked. Arizona’s statewide cost of living is attractive, but some cities and towns stand out. (Remember that if you are choosing from among several locations to make your new home, you can examine the cost of living by state for each.)
1. Tucson
Photo credit: iStock/DenisTangneyJr
Although there are more affordable (albeit much smaller) communities in Arizona, when it comes to bang for your buck, Tucson takes the cake. Offering a heady combination of cosmopolitan features, a large population, and easy access to some of the most beautiful wildernesses in the country — including Saguaro National Park — Tucson is our pick for those looking to live affordably in Arizona.
Population: 547,239
Median Household Income: $54,546
Cost of Living: 99% of U.S. average
Average Rent Price: $1,650
Home Price-to-Income Ratio: 6.0
2. Sierra Vista
Photo credit: iStock/CochiseVista
Just over an hour southeast of Tucson, Sierra Vista offers another, even more affordable southern Arizona option perfect for those who want all of the above — but with a slower pace of life. With a plethora of outdoor to-dos like Garden Canyon and the Coronado National Museum, coupled with just the right amount of city amenities, Sierra Vista is a hidden gem that’s easy on the eyes and the wallet. It could be a good bet for Arizona first-time homebuyers.
Population: 44,431
Median Household Income: $69,783
Cost of Living: 85% of U.S. average
Average Rent Price: $1,210
Home Price-to-Income Ratio: 4.13
Recommended: First-Time Homebuyer Guide
3. Phoenix
Photo credit: iStock/4kodiak
By far the most populous city in Arizona — not to mention its capital — Phoenix might be accused of urban sprawl, but what it really offers is a multiplex of communities that truly mean there’s something for everyone.
Population: 1,650,070
Median Household Income: $77,041
Cost of Living: 108% of U.S. average
Average Rent Price: $1,946
Home Price-to-Income Ratio: 5.34
Best Places to Live in Arizona for Families
If you’re raising a family, affordability is key — but so are other factors, like the quality of the local school system. Here are some of the most affordable cities in Arizona that are worth a closer look if you’ve got kids.
1. Gilbert
Photo credit: iStock/halbergman
Families looking at Gilbert might appreciate its well-ranked public school system and easy access to all the amenities greater Phoenix has to offer. It’s also one of the closest Phoenix communities to the airport, which is key when it’s time to visit the grandparents. To compete more effectively in the Gilbert market (or any market) as a homebuyer, think about going through the mortgage preapproval process before your search heats up.
Population: 275,411
Median Household Income: $121,351
Cost of Living: 114% of U.S. average
Average Rent Price: $2,486
Home Price-to-Income Ratio: 4.71
Recommended: Mortgage Prequalification vs. Preapproval
2. Peoria
Photo credit: iStock/halbergman
On the other end of the greater Phoenix area, Peoria offers the quintessential suburb experience with an outdoorsy bent. The city extends far enough north to include Lake Pleasant Regional Park, not to mention a stretch of Agua Fria riverfront.
Population: 198,750
Median Household Income: $93,403
Cost of Living: 96% of U.S. average
Average Rent Price: $2,284
Home Price-to-Income Ratio: 4.23
3. Tucson
Photo credit: iStock/DenisTangneyJr
Tucson makes the list yet again — for all the reasons we’ve named above, which are just as good with kids in tow. Families can enjoy outings to the area’s many beautiful wilderness areas while also taking advantage of in-town to-dos like the Pima Air and Space Museum and Tucson Botanical Gardens.
Considering a purchase in Tucson? Check out an online home loan help center to find out more about mortgage options.
Population: 547,239
Median Household Income: $54,546
Cost of Living: 99% of U.S. average
Average Rent Price: $1,650
Home Price-to-Income Ratio: 6.0
💡 Quick Tip: Generally, the lower your debt-to-income ratio, the better loan terms you’ll be offered. One way to improve your ratio is to increase your income (hello, side hustle!). Another way is to consolidate your debt and lower your monthly debt payments.
Best Places to Live in Arizona for Young Adults
For adults between ages 20 and 40, a great place to live is often about job opportunities, social opportunities — and, yes, affordability. Here are some Arizona cities that balance it all.
1. Tucson
Photo credit: iStock/DutcherAerials
Once again, Tucson makes the list — and with all its benefits, how could it not? The substantial population size means plenty of opportunities to mix, mingle, and network, and the proximity to outdoor spaces mean plenty of affordable first dates. Tucson’s median age is 35, and the city offers plenty of job opportunities in fields ranging from aerospace engineering to health care. And — again — it’s about as affordable as big cities come.
Population: 547,239
Median Household Income: $54,546
Cost of Living: 99% of U.S. average
Average Rent Price: $1,650
Home Price-to-Income Ratio: 6.0
2. Yuma
Photo credit: iStock/MattGush
With a cost of living about 11% lower than the U.S. average, Yuma is one of the most affordable cities in Arizona overall — and it has a large population base, which means plenty of opportunities to make friends. Almost always sunny and with lots of outdoor adventures awaiting, Yuma also boasts a growing art scene. Yuma is close to the Mexican border, and 62% of its residents are of Hispanic heritage.
Population: 100,858
Median Household Income: $62,546
Cost of Living: 89% of U.S. average
Average Rent Price: $1,600
Home Price-to-Income Ratio: 4.73
3. Bisbee
Photo credit: iStock/DenisTangneyJr
For young adults who are willing to live in a truly small town, Bisbee pays dividends — and not just because it’s affordable. A tiny, artsy city situated right along the Mexican border, Bisbee is a great place to live out your bohemian dreams. That said, you might need a remote job based somewhere bigger to make it work.
Population: 4,963
Median Household Income: $46,689
Cost of Living: 85% of U.S. average
Average Rent Price: $1,150
Home Price-to-Income Ratio: 4.65
Best Places to Live in Arizona for Retirees
Where better to live out one’s golden years than in a land of golden sands and sunsets? (And did we mention that Arizona, as a whole, doesn’t tax Social Security benefits?) Of course you could visit (some cities in Arizona see their population double between December and March). But why not settle down in one of these best places in Arizona for retirees?
1. Sierra Vista
Photo credit: iStock/Cheri Alguire
With southerly climes staying warm all year long — no shoveling — and an easy proximity to the bigger-city resources of Tucson, Sierra Vista is the perfect locale for seniors. Sierra Vista offers a sleepier lifestyle and lower prices than its bigger-city cousin, and almost a quarter its population is aged 65 or over.
Population: 44,431
Median Household Income: $69,783
Cost of Living: 85% of U.S. average
Average Rent Price: $1,210
Home Price-to-Income Ratio: 4.13
Recommended: Refinance Your Mortgage and Save
2. Casa Grande
Photo credit: iStock/MattGush
For Phoenix-area retirees looking to get some distance from the hustle and bustle — or those from anywhere just looking for an affordable, sunshiney place to live — Casa Grande is an excellent pick for a retirement option near Arizona’s capital. Plus, it’s home to the well-rated Banner Casa Grande Medical Center and Hospital.
Population: 63,743
Median Household Income: $66,354
Cost of Living: 103% of U.S. average
Average Rent Price: $1,795
Home Price-to-Income Ratio: 5.5
3. Lake Havasu City
Photo credit: iStock/DenisTangneyJr
Why not retire where others vacation? Lake Havasu City offers retirees the opportunity to enjoy the waterfront every day of their golden years, if they like, and it’s a whole lot cheaper than moving to Malibu (though you might fall for a pricier property here that could require a jumbo mortgage loan). Look north of Lake Havasu, in Bullhead City, for less costly lake-adjacent lodgings and a noticeably lower cost of living.
Population: 59,257
Median Household Income: $66,264
Cost of Living: 95% of U.S. average
Average Rent Price: $1,975
Home Price-to-Income Ratio: 7.76
Best Places to Live in Arizona Near the Mountains
Arizona’s beautiful in so many different ways, just about everywhere you go. But some people get so caught up in its canyons that they forget about its stunning mountains — which are also home to plenty of wonderful, affordable communities to choose from.
1. Payson
Photo credit: iStock/Danielle Leonard
The perfect option for people who want to live within a stone’s throw of a big city — but far enough away to see the stars at night — Payson is just an hour and a half from the heart of Phoenix, but totally surrounded by untouched wildernesses. The vast expanse of Tonto National Forest is just one option; Payson is also close to several gorgeous mountain ranges.
Population: 16,731
Median Household Income: $65,175
Cost of Living: 103% of U.S. average
Average Rent Price: $2,100
Home Price-to-Income Ratio: 6.66
2. Bisbee
Photo credit: iStock/DenisTangneyJr
Located right alongside the Mule Mountain range, Bisbee offers a smaller and more laidback opportunity to enjoy an outdoorsy life with a small but mighty home base — in a community of only 5,000 or so, you’ll be sure to know your neighbors. If you need bigger city resources, Sierra Vista is just a half hour away.
Population: 4,963
Median Household Income: $46,689
Cost of Living: 85% of U.S. average
Average Rent Price: $1,150
Home Price-to-Income Ratio: 4.65
Recommended: Tips to Qualify for a Mortgage
3. Douglas
Photo credit: iStock/JeffGoulden
A border town just across the way from Mexico’s Agua Prieta, Douglas boasts the beautiful view of the Chiricahua Mountains to the northeast. And with median rental prices sitting at just under $800, this is by far one of the most affordable communities on the list. If you decide you’d like to buy in Douglas, it can be a smart move to study up on the different types of home mortgages.
Population: 15,638
Median Household Income: $39,350
Cost of Living: 79% of U.S. average
Median Rent Price: $775
Home Price-to-Income Ratio: 4.13
The Takeaway
Overall, you might prepare to pay more to live in the beautiful southwestern state of Arizona as its cost of living is 111.5% of the U.S. average. But there are affordable options for families, young professionals, retirees, and nature lovers across the state. Relatively low income tax rates and sunny days make the Copper State well worth the move for many.
Looking for an affordable option for a home mortgage loan? SoFi can help: We offer low down payments (as little as 3% - 5%*) with our competitive and flexible home mortgage loans. Plus, applying is extra convenient: It's online, with access to one-on-one help.
Browse Other States
FAQ
Where is the cheapest and nicest place to live in Arizona?
While “nicest” is subjective, Bisbee and Douglas are among the towns in Arizona that offer an affordable cost of living.
How much money do you need to live comfortably in Arizona?
Everyone has their own definition of living comfortably, but a living wage in Arizona could range from $50,794 for a single adult to $108,1000 for two adults (one working) with two children.
Are Arizona home prices coming down?
On average, home prices in Arizona rose 4.6% year over year as of January 2025, according to Redfin. However, in some communities, Arizona home prices are falling. The housing market is a dynamic ecosystem that constantly changes, so check in the specific area you’re considering for an up-to-the-minute view of what’s going on.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
SoFi Mortgages
Terms, conditions, and state restrictions apply. Not all products are available in all states. See SoFi.com/eligibility-criteria for more information.
*SoFi requires Private Mortgage Insurance (PMI) for conforming home loans with a loan-to-value (LTV) ratio greater than 80%. As little as 3% down payments are for qualifying first-time homebuyers only. 5% minimum applies to other borrowers. Other loan types may require different fees or insurance (e.g., VA funding fee, FHA Mortgage Insurance Premiums, etc.). Loan requirements may vary depending on your down payment amount, and minimum down payment varies by loan type.
+Lock and Look program: Terms and conditions apply. Applies to conventional purchase loans only. Rate will lock for 91 calendar days at the time of preapproval. An executed purchase contract is required within 60 days of your initial rate lock. If current market pricing improves by 0.25 percentage points or more from the original locked rate, you may request your loan officer to review your loan application to determine if you qualify for a one-time float down. SoFi reserves the right to change or terminate this offer at any time with or without notice to you.
Financial Tips & Strategies: The tips provided on this website are of a general nature and do not take into account your specific objectives, financial situation, and needs. You should always consider their appropriateness given your own circumstances.
Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse or sponsor this article. Third-party trademarks referenced herein are property of their respective owners.
Tax Information: This article provides general background information only and is not intended to serve as legal or tax advice or as a substitute for legal counsel. You should consult your own attorney and/or tax advisor if you have a question requiring legal or tax advice.
SOHL-Q125-082
University of Delaware Tuition Costs and Fees
University of Delaware Tuition and Fees
(Last Updated – 02/2025)
The University of Delaware is a public research university in Newark, Delaware known for its strong programs in engineering, business, and science. It offers more than 150 majors, along with robust research opportunities. The university also has a vibrant student life, with more than 400 student-led organizations and clubs on campus. Here’s an overview of University of Delaware tuition costs for both in-state and out-of-state students, housing and other costs, as well as Delaware’s acceptance rate.
Total Cost of Attendance
|
Expenses |
In-State |
Out-of-State |
|
Tuition & Fees |
$16,080 |
$39,720 |
|
Books & Supplies |
$1,000 |
$1,000 |
|
Room & Board |
$14,838 |
$14,838 |
|
Other Expenses |
$1,800 |
$1,800 |
|
Total Cost of Attendance |
$33,718 |
$57,358 |
Financial Aid
At the University of Delaware, 92% of students take out some form of financial aid. This might be in the form of student loans, grants, scholarships, or a combination of those different types of aid to help pay for University of Delaware costs.
For instance, 18% of Delaware students have Pell Grants, a type of federal funding for undergraduates with exceptional financial need.
Generally, financial aid is monetary assistance awarded to students based on personal need or merit. Students who qualify for financial aid can use it to pay for college costs like tuition, books, and living expenses.
The federal government is the largest provider of student financial aid. However, aid can also be given by state governments, colleges and universities, private companies, and nonprofits. The different types include:
• Scholarships: These can be awarded by schools and other organizations based on students’ academic excellence, athletic achievement, community involvement, job experience, field of study, or financial need.
• Grants: Generally based on financial need, these can come from federal, state, private, or non-profit organizations.
• Work-study: This federal program provides qualifying students with part-time employment to earn money for expenses while in school.
• Federal student loans: This is money borrowed directly from the U.S. Department of Education. It comes with fixed interest rates that are typically lower than private loans.
Colleges, universities, and state agencies use the Free Application for Federal Student Aid (FAFSA) to determine financial aid eligibility. The FAFSA can be completed online, but note that state, federal, and school deadlines may differ.
You can find other financial aid opportunities on databases such as:
• US Department of Education — Search for grants from colleges and universities by state
• College Scholarship Service Profile (CSS) — A global college scholarship application used by select institutions to award financial aid
• SoFi Scholarship Finder — Use our handy tool to streamline your search by award type, location, level of study, and more.
Recommended: Delaware Student Loans & Scholarships
Private Student Loans
Many students at the University of Delaware take out student loans to help cover Delaware tuition. That includes 55% of students who take out federal student loans, and 13% who take out private student loans. Those private loans average $25,162 per academic year.
Private loans are funded by private organizations such as banks, online lenders, credit unions, some schools, and state-based or -affiliated organizations. While Federal student loans have interest rates that are regulated by Congress, private lenders follow a different set of regulations so their qualifications and interest rates can vary widely.
What’s more, private loans have variable or fixed interest rates that may be higher than federal loan interest rates, which are always fixed. Private lenders may (but don’t always) require you to make payments on your loans while you are still in school, compared to federal student loans, which you don’t have to start paying back until after you graduate, leave school, or change your enrollment status to less than half-time.
Private loans don’t have a specific application window and can be applied for on an as-needed basis. However, if you think you may need to take out a private loan, it’s a good idea to submit your FAFSA first to see what federal aid you may qualify for, since it generally has better rates and terms.
If you’ve missed the FAFSA deadline or you’re struggling to pay for school during the year, private loans can potentially help you make your tuition payments. Just keep in mind that you will need enough lead time for your loan to process and for your lender to send money to your school.
Recommended: Guide to Private Student Loans
Projected 4-Year-Degree Price
The University of Delaware costs for four years, including tuition, fees, room and board, books, and other expenses would be $134,872 for Delaware residents (based on 2023-24 numbers). This is somewhat higher than the national average of $115,369 for in-state students at public universities.
For residents of other states, the four-year total cost of the University of Delaware would be $229,432, which is more than the national average for out-of-state students at public universities of $186,920.
This student loan and scholarship information may be valuable as you research schools and costs.
Undergraduate Tuition and Fees
Costs for 2023-24
The University of Delaware tuition for in-state students in 2023-24 was $16,080, which is higher than the national average of $11,260 for in-state tuition at public institutions.
The University of Delaware out-of-state tuition was $39,720, which is higher than the national average for out-of-state tuition of $29,150.
Graduate Tuition and Fees
|
Expenses |
In-State |
Out-of-State |
|
Tuition |
$18,504 |
$18,504 |
|
Fees |
$1,042 |
$1,042 |
|
Total Cost |
$19,546 |
$19,546 |
The average cost to attend graduate school at the University of Delaware, including tuition and fees, was $19,546 in 2023-24. This is lower than the average annual graduate school tuition and fees in the U.S., which is $21,730.
There are graduate loans available to help with these costs.
Cost per Credit Hour
For students who opt to attend University of Delaware on a part-time basis, which would be less than 12 credits per semester, the cost per credit hour is $608 for Delaware residents and $1,633 for out-of-state residents.
Certificates
At the University of Delaware, undergraduate students can earn certificates in business, design, innovation, and leadership.
For instance, students earning a non-business degree can complete a certificate program to learn business fundamentals such as accounting, management, finance, and economics. Upon completing the program, a student earns at least 13 academic credits.
Or undergrads can opt for a certificate in innovation and entrepreneurship. There are seven different certificates they can choose from. Each certificate requires 9 to 10 credits.
Campus Housing Expenses
|
Expenses |
On-Campus |
Off-Campus |
|
Books & Supplies |
$1,000 |
$1,000 |
|
Room & Board |
$14,838 |
$14,838 |
|
Other Expenses |
$1,800 |
$1,800 |
Freshmen and first-year students are required to live on campus in one of the university’s 11 first-year residence halls. The University of Delaware offers traditional, suite-style, and apartment-style residences.
After the first year, there are many duplexes, apartments, and houses located close to the university for those who choose to live off-campus.
University of Delaware Acceptance Rate
|
Number of Applications |
Number Accepted |
Percentage Accepted |
|
37,690 |
24,4984 |
65% |
The University of Delaware acceptance rate is 65%, making the school somewhat selective.
Admission Requirements
Here’s what you’ll need to submit along with your application if you’re applying for admission to the University of Delaware.
Required:
• High school transcript
• Non-refundable $75 application fee
Optional:
• SAT or ACT scores
• Up to two letters of recommendation
The deadline for Early Action is November 1, and a decision will be given by January 31. The deadline for regular admission is January 15; decisions will be given by mid-March.
SAT and ACT Scores
Although standardized test scores are not required at the University of Delaware, it can be helpful to see the scores of students who opted to submit their scores and were accepted to the school. These are the standardized test scores at the 25th and 75th percentile for students who enrolled in the fall of 2023.
|
Subject |
25th Percentile |
75th Percentile |
|
SAT Evidence-Based |
610 |
680 |
|
SAT Math |
590 |
680 |
|
ACT Composite |
27 |
31 |
|
ACT English |
27 |
33 |
|
ACT Math |
25 |
29 |
Popular Majors at the University of Delaware
The University of Delaware has an emphasis on business and science programs, but it offers much more. Here are some of the most popular majors.
1. Finance
Finance students learn financial strategies and concepts that they can use in careers in the private sector, government, consulting firms, public companies, or nonprofits.
Undergraduate degrees in 2022-23: 273
2. Psychology
Psych majors take courses like Adolescent Development and Educational Psychology, Research Methods, Measurement and Statistics, and more.
Undergraduate degrees in 2022-23: 215
3. Nursing
Future nurses take classes like Family Health & Wellness, Medical Microbiology and Infectious Diseases, and Nursing Care of Children. They also get hands-on experience in a state-of-the-art clinical simulation laboratory and resource center on campus.
Undergraduate degrees in 2022-23: 196
4. Marketing
Students in this program learn about pricing, distributing, and promoting products, as well as how to leverage marketing and advertising techniques to build brand awareness. They go on to become market research analysts, media planners, social media coordinators, brand managers, and more.
Undergraduate degrees in 2022-23: 192
5. Communication
Those pursuing a Communications degree gain knowledge and skills in oral communication, video production, broadcast journalism, and public relations. This prepares them for careers in fields such as public relations, journalism, higher education, and public policy.
Undergraduate degrees in 2022-23: 185
6. Biology
Students can pursue a Bachelor of Arts (BA) or Bachelor of Science (BS) in biology, which is the study of living organisms and their environments. The B.A. provides excellent preparation for advanced study in graduate school or professional programs; the B.S. offers the opportunity for highly motivated students to pursue the curriculum in greater depth.
Undergraduate degrees in 2022-23: 169
7. Mechanical Engineering
Mechanical Engineering majors learn about the design and analysis of machines, structures, and materials, as well as the principles of physics and materials science. Areas of study include Fluid Mechanics, Materials, Dynamics, Biomechanical Engineering, and Clean Energy and Environment.
Undergraduate degrees in 2022-23: 136
8. Computer Science
Coursework in this program includes Data Structures; Computers, Ethics, and Society; Probability Theory and Simulation Methods; Operating Systems; and Logic and Programming.
Undergraduate degrees in 2022-23: 134
9. Criminal Justice
Students take such classes as Problems of Corrections, Sociological Research, Abnormal Psychology, Constitutional Law, and Problems of Law Enforcement as they work to earn their Criminal Justice degree.
Undergraduate degrees in 2022-23: 129
10. Exercise Science
This is a pre-professional program that prepares students to go on to graduate studies in physical therapy, occupational therapy, physician assistant, medical and dental school, or advanced graduate training in exercise science.
Undergraduate degrees in 2022-23: 107
Graduation Rate
Although many University of Delaware students complete their degree in four years, some students take six years to finish. Here are the graduation rates at the University of Delaware for students who began in the fall of 2017:
• 4 years: 72%
• 6 years: 81%
Post-Graduation Median Earnings
University of Delaware graduates earn a median annual salary of $72,950. This is significantly higher than the median annual salary for all graduates of four-year colleges, which is $53,747.
Bottom Line
Whether you’re getting your undergraduate degree or continuing on to graduate studies, the University of Delaware offers a solid education for a competitive price. The Delaware acceptance rate is high, which can help your chances of admission. Plus, the many financial aid options available can make your schooling more affordable.
SoFi Private Student Loans
Please borrow responsibly. SoFi Private Student loans are not a substitute for federal loans, grants, and work-study programs. We encourage you to evaluate all your federal student aid options before you consider any private loans, including ours. Read our FAQs.
Terms and conditions apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. SoFi Private Student loans are subject to program terms and restrictions, such as completion of a loan application and self-certification form, verification of application information, the student's at least half-time enrollment in a degree program at a SoFi-participating school, and, if applicable, a co-signer. In addition, borrowers must be U.S. citizens or other eligible status, be residing in the U.S., Puerto Rico, U.S. Virgin Islands, or American Samoa, and must meet SoFi’s underwriting requirements, including verification of sufficient income to support your ability to repay. Minimum loan amount is $1,000. See SoFi.com/eligibility for more information. Lowest rates reserved for the most creditworthy borrowers. SoFi reserves the right to modify eligibility criteria at any time. This information is subject to change. This information is current as of 4/22/2025 and is subject to change. SoFi Private Student loans are originated by SoFi Bank, N.A. Member FDIC. NMLS #696891 (www.nmlsconsumeraccess.org).
SoFi Bank, N.A. and its lending products are not endorsed by or directly affiliated with any college or university unless otherwise disclosed.
SoFi Loan Products
SoFi loans are originated by SoFi Bank, N.A., NMLS #696891 (Member FDIC). For additional product-specific legal and licensing information, see SoFi.com/legal. Equal Housing Lender.
Non affiliation: SoFi isn’t affiliated with any of the companies highlighted in this article.
External Websites: The information and analysis provided through hyperlinks to third-party websites, while believed to be accurate, cannot be guaranteed by SoFi. Links are provided for informational purposes and should not be viewed as an endorsement.
SOISL-Q125-004
SoFi Banking
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Pay no account fees
No account, overdraft, or monthly fees^—just great banking.
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Earn up to $300 with direct deposit†
Earn $50 or $300 with eligible direct deposit. See terms.
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Earn up to 3.30% APY with direct deposit1
Unlock 8x2 the national average savings rate with eligible direct deposit. See terms.
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Access additional FDIC insurance up to $3M6
on deposits through a seamless network of participating banks. Learn more and opt in here.6
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SoFi Checking and Savings
Better banking is here. Up to 3.30% APY1 and FDIC insurance up to $3M.
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Pay no account fees
No account, overdraft, or monthly fees^—just great banking.
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Earn up to $300 with direct deposit†
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Earn up to 3.30% APY with direct deposit1
That’s 8x the national average savings rate.2
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Access additional FDIC insurance up to $3M6
on deposits through a seamless network of participating banks.Learn more and opt in here.6
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Here’s how to get a better
banking bonus up to $300.†
Sign up and set up direct deposit.
Wait for your direct deposit to hit your account (typically 2-4 weeks).
Collect a cash bonus of $50 to $300 depending on your direct deposit amount.
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{/* WHAT DOES BETTER BANKING LOOK LIKE? UPDATED 11Feb25*/}
What does a better online bank account look like? This.
No account fees^
No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint® Network.3
Up to 3.30% APY1
with SoFi Plus 
Members with direct deposit can unlock SoFi Plus and earn 3.30% APY on their savings and Vaults balances, and 0.50% APY on their checking balances.
Up to 2-day-early-paycheck*
Feel the magic of payday up to two days earlier—automatically—when you set up direct deposit.
No-fee Overdraft Coverage
Overspent by accident? No problem. You’ll be covered up to $50 with no fees with direct deposit of at least $1,000.4
Do it all in one app.
Pay bills, deposit checks, send money, manage your digital wallet, and get live customer support 7 days a week, all in the SoFi app.
Additional FDIC Insurance
Access additional insurance up to $3M on deposits through a seamless network of participating banks. Learn more and opt in here.6
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Get award-winning banking.
See for yourself why SoFi won 10 banking awards from 9 industry publications last year.
Open an account
Awards or rankings are not indicative of future success or results. Neither SoFi Bank, N.A. nor its employees paid a fee in exchange for ratings. Awards and ratings are independently determined and awarded by their respective publications.
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Savings rates that are way above the national average.
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You make more on your money when you bank with SoFi. Get ready to earn 3.30% APY—that’s 8x the national average savings rate—on your savings and Vault balances.
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Experience 8x the national average
checking account rate.2
Yeah, you read that right. With no account fees and up to 3.30% APY1^, you’ll earn more interest in five weeks than you would in one year in a big bank’s checking or savings account—so you can get the most out of your money.
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Say yes to no account fees.
It’s exactly what it sounds like. No overdraft fees. No minimum balance fees. No monthly fees. Plus, 55,000+ fee-free ATMs within the Allpoint® Network.3
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Early bird paychecks.
With 2-day-early-paycheck* you’ll feel the magic of payday up to two days earlier—automatically—when you set up direct deposit.
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What else can a better online bank account offer? This.
No-fee Overdraft Coverage
Overspent by accident? No problem. You’ll be covered up to $50 with no fees with qualifying direct deposits.4
Cash back, close to home5
Get up to 15% cash back at local establishments when you pay with your SoFi debit card.
Automatic saving features
Organize your money, set savings goals, and save your change with Vaults and Roundups.
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FAQs
An online bank account conveniently allows you to manage your accounts from your computer or mobile device. This includes sending money, depositing checks, paying bills, and everything you’d normally do at a physical branch. Because SoFi does not have any physical branches, we’re able to pass those savings to our members!
Opening an account is quick and easy. All we need are a few pieces of information such as name, home address, and Social Security number. In some cases, we may need additional documentation like a copy of your driver’s license, and/or a current photo ID to verify your identity.
Of course. Anyone over 18 can open an individual or joint online bank account. In fact, we have some special offers for students (must have an .edu email address to qualify).
Learn more about our Student Checking and Savings Offer.
Nine in 10 SoFi members agree—setting up direct deposit is easy.** Simply download this here.
Learn more: How to Set Up Direct Deposit
As long as you direct deposit your pay or add $5,000 every 30 days, you’ll earn 3.30% APY on your savings & Vaults balances and 0.50% APY on your checking balances.* If you do not have a direct deposit or $5,000 in deposits every 30 days, you’ll earn 1.00% APY on savings & Vaults balances and 0.50% APY on checking balances.
Interest rates are variable and subject to change at any time. Additional information can be found at sofi.com/legal/banking-rate-sheet.
When you set up direct deposit into your account, you are trusting your paycheck with us. We want to repay that trust by making sure that we give you the best of what SoFi has to offer, including up to 3.30% APY (annual percentage yield)1, plus features like No-Fee Overdraft Coverage4 and up to 2-Day Early Paycheck.*
All SoFi Checking and Savings accounts receive industry-standard FDIC insurance of up to $250,000 per member (joint accounts are insured up to $500,000). SoFi Checking and Savings members can earn up to $3M of FDIC insurance by enrolling in the SoFi Insured Deposit Program 6. For more information on FDIC insurance coverage, please visit www.FDIC.gov.
SoFi makes it easy to both withdraw and deposit money. To withdraw, simply visit any of the 55,000 Allpoint ATMs (more locations than Chase, Wells Fargo, and Bank of America combined!). You won’t pay any fee as long as you visit one of these ATMs. In order to deposit money, simply visit a retail location that offers GreenDot services.
There is no minimum balance required to open a SoFi Checking & Savings account. Members can unlock 3.30% APY savings balances with either direct deposit (no minimum required) or by depositing at least $5,000 every 30 days.1 For more information, please visit sofi.com/banking.
Learn more: How Much Money Is Needed to Start a Bank Account?
You must be 18 years or older to open an individual or joint bank account.
Learn more: How Old Do You Have to Be to Open a Bank Account?
When you sign up for a SoFi online bank account, you will receive both a checking account and a savings account. We do not currently offer standalone checking or savings accounts.
Yes. As long as you have Overdraft Protection enabled, we’ll automatically pull from your available savings balances in the event that your checking balance is insufficient. Overdraft protection covers ACH withdrawals (bill pay, loans, P2P), checks and debit card transactions. Note that overdraft protection will not pull from your Vaults. To turn on Overdraft Protection, open the SoFi app, tap More > Overdraft and toggle the feature on.
No, there are no current limits on saving withdrawals or transfers between checking, savings and Vaults.
(checking vs savings?)
Nope, it doesn’t matter. To unlock the highest the highest APY, you may either:
-Get paid via direct deposit (into either your checking or savings). Eligible direct deposits are the electronic deposits of your paycheck, pension or government payments (e.g., Social Security) from your employer, benefits provider, or the government.
-Add $5,000 or more to your checking or savings account every 30 days.
There is not currently a maximum on the 3.30% APY for savings or Vaults.
We’re proud to say that banking with SoFi has no account fees and no service charges—and we’re working hard to keep it that way.^ There are no fees on overdraft, account open, minimum balance, dormant account or regular maintenance. We also offer no ATM fees at 55,000+ Allpoint ATMs worldwide.3 Check out a full list of fees and service charges: No Fees.
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Get up to 3.30% APY today1—
tomorrow will thank you.
Get the best of both worlds with an online checking account and an online savings account that work better together. Simply download the SoFi app, become a member, and sign up today.
Open an account
SoFi > Banking
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