Cost of Living
Wilmington, DE is in the middle of it all - within 30 minutes of Philadelphia, 60 minutes of Baltimore and 1 ½ hours by train to NYC and DC. This central location makes it possible to access all that the east coast has to offer while living in a beautiful, growing and supportive community. Simultaneously, Wilmington’s cost of living is low at only 89.9% of the national average.
Housing costs are significantly lower than the U.S. average with the median home price being just $128,200 compared with $231,200 in the U.S. Many families are choosing to move from nearby communities like Philadelphia (average home price of $153,400), Newark (average home price of $265,100), and New York City (average home price of $680,500) in order to take advantage of these savings.
For young professionals starting out their careers, families in search of more space, and retirees looking to reduce expenses, Wilmington offers an incredible opportunity to live in a beautiful, vibrant and centrally located city without the high price tag.