Housing costs in Wilmington?
A typical home costs
$322,500, which is 4.6% less expensive than the national average of
$338,100 and 4.1% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,410 per month, which is 6.0% more than the national average of
$1,330 and 4.3% cheaper than the state average of
$1,470.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 19806), Delaware, a minimum annual income of
$61,920 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Wilmington?
In 19806 Wilmington, DE, the cost of living is relatively low compared to other regions in the country. According to BestPlaces, the cost of living index is 92.3 compared to a national average of 100. The estimated costs for housing and utilities are slightly below the national average; groceries and health care are also lower than the national averages. Residents may find that they can purchase most everyday goods and services at a reasonable price. The cost of transportation may be slightly higher due to Delaware's proximity to larger metropolitan areas, but overall Wilmington remains an affordable place to live.