Housing costs in Wilmington?
A typical home costs
$653,800, which is 93.4% more expensive than the national average of
$338,100 and 17.3% more expensive than the average Massachusetts home, at
$557,300. Renting a two-bedroom unit in Wilmington costs
$3,190 per month, which is 123.1% more than the national average of
$1,430 and 32.9% more than the state average of
$2,140.
Can I afford Wilmington?
To live comfortably in Wilmington, Massachusetts, a minimum annual income of
$125,280 for a family, and
$105,200 for a single person is recommended.
What does A.I. say about Wilmington?
The cost of living in Wilmington, MA is significantly higher than the US average. At 142.6, it is more than 42% higher than the national average of 100. This can be attributed to the high house median value in the area which is $653,800 - nearly double the US average of $338,100. The high cost of living in Wilmington, MA makes it an expensive place to live, but those who are able to afford it will find that they get a lot for their money with excellent amenities and a vibrant community.