Housing costs in Wilmington?
A typical home costs
$185,100, which is 45.3% less expensive than the national average of
$338,100 and 44.9% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,260 per month, which is 5.3% cheaper than the national average of
$1,330 and 16.7% cheaper than the state average of
$1,470.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 19805), Delaware, a minimum annual income of
$35,640 for a family, and
$41,600 for a single person is recommended.
What does A.I. say about Wilmington?
In 19805 Wilmington, DE, the cost of living is relatively low compared to other cities in the United States. Housing and utilities are particularly inexpensive, with a median home value of $145,500 and an average monthly utility bill for a 915-square foot home estimated at just over $200. Food costs are also relatively low given that many grocery stores offer shoppers discounts and special deals on their products. Transportation expenses can also be kept to a minimum due to the city's compact size and numerous public transportation options including buses, trolleys, and light rail services offered by DART. All in all, Wilmington residents can expect to pay significantly less than those living in other parts of the country do for basic amenities and necessities.