Housing costs in Wilmington?
A typical home costs
$392,100, which is 16.0% more expensive than the national average of
$338,100 and 26.7% more expensive than the average Minnesota home, at
$309,500. Renting a two-bedroom unit in Wilmington costs
$880 per month, which is 38.5% more than the national average of
$1,430 and 40.9% more than the state average of
$1,240.
Can I afford Wilmington?
To live comfortably in Wilmington, Minnesota, a minimum annual income of
$75,240 for a family, and
$27,600 for a single person is recommended.
What does A.I. say about Wilmington?
The cost of living in Wilmington, MN is much lower than the national average. The median home value in Wilmington is around $181,000, which is about $40,000 less than the Minnesota median and about $100,000 less than the national median. Renters can expect to pay a median rent of approximately $975 per month in Wilmington. Utilities are also quite affordable in the city, with residents paying an average of just under $125 for electricity each month. Groceries are also reasonable, with an overall cost index that’s nearly 10% less than the national average.