Cost of Living in Wilmington, DE

Population 71,124 · Delaware · Data vintage 2023

80
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Wilmington lands reasonably close to national benchmarks on most cost indicators, with a median home value of $225,000 — 26% below the US figure. That makes it a useful reference point for comparing with more extreme markets in Delaware. Around 23% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.

Geographically, Wilmington is about 30 miles southwest of Philadelphia, the nearest large metro. Housing prices track closely with Philadelphia's $232,000 median.

Cost Overview

Housing 74
Rent 90

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Wilmington

The median home value in Wilmington is $224,500 — 26% below the national median of $305,000. Median rent runs $1,187/month, 10% lower than the national median of $1,314/month. The median household income of $55,269/year is 26% lower than the US median of $74,580. The local unemployment rate is 7.6%, above the national average of 4.8%. Delaware's top state income tax rate is 6.6% and the combined sales tax is 0.0%. Overall, Wilmington has a cost of living index of 80 versus the US average of 100, meaning it is 20% less expensive.

🏠 Housing

Median Home Value
$224,500
26% below avg
Zillow Home Value
$321,157
Zillow ZHVI
Median Rent
$1,187/mo
10% below avg
Zillow Rent
$1,763/mo
Zillow ZORI
Price-to-Rent Ratio
15.8x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,173
1 BR
$1,181
2 BR
$1,492
3 BR
$2,080
4 BR
$2,278
Owner-occupied 46.0%
Renter-occupied 54.0%

💰 Estimated Monthly Budget

Rent median rent
$1,187
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,801/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
25.2 min
7% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
14.5%

Commute Mode

Drove alone
62.2%
Carpooled
7.1%
Public transit
8.4%
Walked
5.9%
Bicycle
0.7%
Work from home
14.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.6%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$55,269
26% below avg
Per Capita Income
$38,786
Unemployment Rate
7.6%
59% above avg
Poverty Rate
23.2%
Labor Force Participation
64.9%

🎓 Education

Bachelor's degree+ 17.9%
Graduate degree 15.2%

👥 Demographics

Median Age 37
Male median age 35.2
Female median age 38.9

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.4%
Good air days/yr
282
Max AQI recorded
236
PM2.5 days
127
Ozone days

🏫 Schools

NCES CCD 2019 — public school district data

85.3%
4-Year Graduation Rate
13.3:1
Student-teacher ratio
77
Public schools
44,053
Total enrollment

Frequently Asked Questions

What is the cost of living in Wilmington, DE?

Wilmington has a cost index of 80 (100 = national average). It is 20% below the national average.

What is average rent in Wilmington, DE?

The median gross rent in Wilmington is $1,187 per month based on 2023 Census data.

What is the average home price in Wilmington?

The median home value in Wilmington is $224,500 according to Zillow and Census data.

What is the median income in Wilmington?

The median household income in Wilmington is $55,269 per year (2023 ACS 5-year estimates).

What is the sales tax in Wilmington, DE?

The combined state and local sales tax rate in Wilmington is 0.0%. The Delaware state income tax top rate is 6.6%.

Is Wilmington, DE affordable?

Yes, Wilmington is generally considered affordable, with a cost of living index of 80 — about 20% below the US national average of 100.

Wilmington at a Glance

Population
71,124
Median Income
$55,269
Home Value
$224,500
Median Rent
$1,187/mo
Unemployment
7.6%
Sales Tax
0.0%
View all cities in Delaware →
🗺️ County data for Delaware

Explore county-level cost of living data

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