Cost of Living: Reading, PA vs Wilmington, NC
Housing
The housing market plays a significant role in determining the cost of living.
| Metric | Reading | Wilmington |
|---|---|---|
| Housing Index | 95.0 | 110.0 |
| Median Home Price | $180,000 | $320,000 |
| Average Rent (2 BR Apartment) | $1200 | $1500 |
| Average Rent (2 BR House) | $1280 | $1600 |
Housing Comparison: Reading vs Wilmington
- The median home price in Wilmington is higher at $320,000, compared to $180,000 in Reading.
- In Wilmington, the rental for a two-bedroom apartment stands at $1,500, while it is $1,200 in Reading.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living.
| Metric | Reading | Wilmington |
|---|---|---|
| Electricity Price | $17.68 | $13.72 |
| Natural Gas Price | $17.61 | $Data is updating |
| Other Utilities | $220 | $250 |
Utilities Comparison: Reading vs Wilmington
- Electricity costs are higher in Reading at $17.68 per kWh, compared to $13.72 in Wilmington.
- Natural gas price data is currently unavailable.
- Wilmington has higher utility expenses, averaging $250, while Reading averages $220.