Housing costs in Wilmington?
A typical home costs
$273,100, which is 19.2% less expensive than the national average of
$338,100 and 18.8% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,280 per month, which is 10.5% cheaper than the national average of
$1,430 and 3.9% cheaper than the state average of
$1,330.
Can I afford Wilmington?
To live comfortably in Wilmington, Delaware, a minimum annual income of
$52,200 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Wilmington?
Wilmington, Delaware has a cost of living index rating slightly higher than that if the nation at 98 due mostly to its moderately high housing costs making up 40% -above the national average 43%. Utility costs are also above average partly owing to expensive power sources such as coal or nuclear energy providing citizens with a generally more expensive option but having access similar amenities found citywide from wherever municipality they call home. Transportation makes up 12 percent, groceries 11%, healthcare 9% contributing further towards elevated total expenses when compared with many other U.S cities .