Cost of Living in Wilmington, OH
Housing
The housing market plays a significant role in determining the cost of living in Wilmington, OH.
- Housing Index: 91.8 / 100
- Median Home Price is: $200,000
- Average Rent (2 BR Apartment): $1363 per month
- Average Rent (2 BR House): $1481 per month
Considering a move to Wilmington, OH? The housing index sits at a favorable 91.8, indicating an affordable market relative to other areas. With a median home price of 200000, purchasing property may be a smart investment. Additionally, the average rent for a 2-bedroom apartment at 1363 and a house at 1481 offers decent options for renters. It’s also worth noting that emerging neighborhoods in Wilmington could provide even more value. Exploring this balanced equation of housing prices may help solidify your decision for this destination.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Wilmington, OH.
- Electricity Price: $15.92 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $229 per month
Living in Wilmington, OH could entail higher utility costs. Electricity costs sit at $15.92, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $229 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Wilmington is a financially viable option for your relocation.