Housing costs in Wilmington?
A typical home costs
$318,600, which is 5.8% less expensive than the national average of
$338,100 and 5.2% less expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Wilmington costs
$1,510 per month, which is 13.5% more than the national average of
$1,330 and 2.6% more than the state average of
$1,470.
Can I afford Wilmington?
To live comfortably in Wilmington (zip 19808), Delaware, a minimum annual income of
$61,200 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Wilmington?
In 1980 Wilmington, DE, cost of living was relatively low compared to today. Prices for goods and services were much lower; for example, the average cost of a gallon of gas was only $1.45. Rent prices were also more reasonable, with the median rent on a two-bedroom apartment at just $625 per month or less. Food prices were quite reasonable as well; groceries could often be purchased at discount stores such as Aldi or Save-A-Lot for a fraction of the price they would cost in today's market. Utility costs were also much lower than they are now, which made it easier for people to make ends meet in this city. All in all, Wilmington was an affordable place to live in 1980 and remains one of the most affordable cities in the US even today.