Housing costs in Wilmington?
A typical home costs
$848,900, which is 151.1% more expensive than the national average of
$338,100 and 152.5% more expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,770 per month, which is 33.1% more than the national average of
$1,330 and 16.9% more than the state average of
$1,470.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 19807), Delaware, a minimum annual income of
$162,720 for a family, and
$58,400 for a single person is recommended.
What does A.I. say about Wilmington?
In 1980s Wilmington, DE the cost of living was relatively low compared to other cities in the United States. Rent for a one bedroom apartment averaged around $300 per month, while the average price for a gallon of gas was only about $0.90. Groceries were also relatively inexpensive, with basic staple items costing far less than today. The city had a diverse economic base and job market, providing employment opportunities across many industries. Despite its lower cost of living, the city still had plenty to offer in terms of amenities including parks and recreational activities, shopping centers, restaurants, and nightlife venues.