Housing costs in Wilmington?
A typical home costs
$342,800, which is 1.4% more expensive than the national average of
$338,100 and 18.5% more expensive than the average North Carolina home, at
$289,300. Renting a two-bedroom unit in Wilmington costs
$1,280 per month, which is 15.3% more than the national average of
$1,110 and 6.3% more than the state average of
$1,200.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 28412), North Carolina, a minimum annual income of
$65,520 for a family, and
$45,200 for a single person is recommended.
What does A.I. say about Wilmington?
Living in 28412 Wilmington, NC can be quite affordable. The cost of living index is only about 12% higher than the national average, making it one of the most affordable areas in the country. Renting a one-bedroom apartment typically costs around $900 per month, while utilities average around $135 each month. Groceries and restaurants are also generally cheaper than other cities across the U.S., as a meal for two in an inexpensive restaurant averages around $30. Property taxes can be on the high side, due to the area’s proximity to beaches and other attractions, but overall living expenses are much lower than many other cities in North Carolina.