Housing costs in Wilmington?
A typical home costs
$269,100, which is 20.4% less expensive than the national average of
$338,100 and 7.0% less expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Wilmington costs
$1,150 per month, which is 3.6% more than the national average of
$1,110 and 4.3% cheaper than the state average of
$1,200.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 28401), North Carolina, a minimum annual income of
$51,480 for a family, and
$40,800 for a single person is recommended.
What does A.I. say about Wilmington?
The cost of living in 28401 Wilmington, NC is generally lower than the national average. Housing costs are fairly low, with the median home value being around $187,000 and median rent hovering around $1,100. The unemployment rate is also low at just 2.9%, which contributes to the overall affordability of living in this area. Groceries and transportation costs are also quite reasonable compared to other cities. Overall, living in 28401 Wilmington, NC provides a good balance between affordability and quality of life.