Housing costs in Wilmington?
A typical home costs
$316,600, which is 6.4% less expensive than the national average of
$338,100 and 9.4% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Wilmington costs
$1,310 per month, which is 18.0% more than the national average of
$1,110 and 8.4% more than the state average of
$1,200.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 28405), North Carolina, a minimum annual income of
$60,840 for a family, and
$46,400 for a single person is recommended.
What does A.I. say about Wilmington?
The cost of living in 28405 Wilmington, NC is slightly above the national average. Rent can range from around $900 for a one bedroom to $1600 for a three-bedroom apartment. Groceries are also slightly more expensive than the national average, but there are many options for affordable dining out near downtown or on the beaches. Utilities such as electricity and water can be more expensive due to the humid climate, but other expenses such as health care and transportation are relatively lower compared to other areas of the US. In short, living in 28405 Wilmington, NC can be an affordable option with plenty of amenities and attractions available.