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: 90.0 / 100
• Median Home Price is: $200000
• Average Rent (2 BR Apartment): $1200 per month
• Average Rent (2 BR House): $1250 per month

Considering a move to Wilmington, OH? The housing index sits at a favorable 90.0, 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 1200 and a house at 1250 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: $None USD per Thousand Cubic Feet (median by state)
• Other Utilities (water, garbage, etc.): $200 per month

Living in Wilmington, OH could entail higher utility costs. Electricity costs sit at 15.92, while natural gas is priced at None per Thousand Cubic Feet—both aligning with state medians. Expect to budget about 200 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 97.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $48407

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Wilmington, OH, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.