Housing costs in Wilmington?
A typical home costs
$372,400, which is 10.1% more expensive than the national average of
$338,100 and 28.7% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Wilmington costs
$1,260 per month, which is 11.9% cheaper than the national average of
$1,430 and 11.9% more than the state average of
$1,110.
Can I afford Wilmington?
To live comfortably in Wilmington, North Carolina, a minimum annual income of
$71,280 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Wilmington?
Wilmington offers an affordable lifestyle thanks to its relatively low housing costs compared to other parts of the country. The median home price is currently just over $200,000 and rent for a one-bedroom apartment averages at about $950 per month. Transportation costs are reasonable too; tickets for public transit are typically priced no higher than two dollars each way while utility bills usually run to just over fifty dollars a month on average.