Housing costs in Wilmington?
A typical home costs
$395,000, which is 16.8% more expensive than the national average of
$338,100 and 17.5% more expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,510 per month, which is 13.5% more than the national average of
$1,330 and 2.6% more than the state average of
$1,470.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 19810), Delaware, a minimum annual income of
$75,600 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Wilmington?
In 19810 Wilmington, DE the cost of living was relatively low. The average cost of a home was around $51,000 and the average annual income was around $15,500 so most people were able to afford a house with relatively minimal effort. Prices for basic necessities such as food and utilities were also lower than in other cities. This made Wilmington an attractive option for those looking for an affordable standard of living.