Wilmington, IL Cost Of Living
Cost Of Living In Wilmington, IL Summary
Cost of living in Wilmington research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Wilmington is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Illinois, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Wilmington is 97, with 100 being the average.
The cost of living index in Wilmington is 1.0x lower than the national average.
Wilmington ranks as the #123 cheapest in Illinois out of 336.
Wilmington ranks as the #2,245 cheapest out of 6,489 in the US.
The median home value in Wilmington is $262,418.
The median income in Wilmington is $63,514.
Table Of Contents
Wilmington's Overall Cost Of Living
Lower Than The National Average
What is the cost of living in Wilmington, IL?
According to the most recent data on the cost of living, Wilmington has an overall cost of living index of 97, which is 1.0x lower than the national index of 100.
Compared to Illinois, Wilmington has a cost of living index that's 1.0x lower than Illinois's index of 97.
The standard of living in Wilmington ranks as #123 most affordable out of the 336 places we measured in Illinois. By definition, that implies Wilmington ranks as the #213 most expensive place in the Prairie State.
For more reading on life in Wilmington, check out:
In Illinois
In America
Wilmington Cost Of Living Vs. Illinois
Six factors go into calculating the cost of living index in Wilmington. Here is how it fairs on each of the criteria:
The Services index in Wilmington is 106.
The Groceries index in Wilmington is 95.
The Health index in Wilmington is 99.
The Housing index in Wilmington is 91.
The Transportation index in Wilmington is 115.
The Utilities index in Wilmington is 81.
| Living Expense | Wilmington | Illinois | National Average | |
|---|---|---|---|---|
| Overall | 97 | 97 | 100 | |
| Services | 106 | 95 | 100 | |
| Groceries | 95 | 99 | 100 | |
| Health | 99 | 93 | 100 | |
| Housing | 91 | 95 | 100 | |
| Transportation | 115 | 102 | 100 | |
| Utilities | 81 | 91 | 100 | |
Wilmington, IL Housing Cost Breakdown
Housing swings affordability the most between places in Illinois, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Wilmington is $262,418.
The Median Rent in Wilmington is $897.
The Median Income in Wilmington is $63,514.
The Home Value To Income in Wilmington is 4.1x.
The Rent To Monthly Income in Wilmington is 0.17x.
| Statistic | Wilmington | Illinois | United States |
|---|---|---|---|
| Median Home Value | $262,418 | $283,508 | $303,400 |
| Median Rent | $897 | $1,227 | $1,348 |
| Median Income | $63,514 | $81,702 | $78,538 |
| Home Value To Income | 4.1x | 3.5x | 3.9x |
| Rent To Monthly Income | 0.17x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Wilmington, IL Costs By Category
Detailed Wilmington Services Costs Vs. Illinois
| Item | Wilmington | Illinois |
|---|---|---|
| Shampoo | $1.32 | $1.28 |
| Movie | $9.99 | $12.13 |
| Bowling | $16.0 | $18 |
| Haircut | $19.72 | $24.26 |
| Beauty Salon | $37.22 | $45.56 |
Detailed Wilmington Groceries Costs Vs. Illinois
| Item | Wilmington | Illinois |
|---|---|---|
| Ground Beef | $5.94 | $5.84 |
| Fried Chicken | $1.39 | $1.57 |
| Milk | $4.55 | $4.67 |
| Potatoes | $5.08 | $4.93 |
| Pizza | $10.69 | $12.09 |
| Beer | $9.61 | $10.41 |
| Toothpaste | $3.72 | $3.7 |
Detailed Wilmington Health Costs Vs. Illinois
| Item | Wilmington | Illinois |
|---|---|---|
| Optometrist | $86.67 | $125.68 |
| Doctor | $110.0 | $135.78 |
| Dentist | $82.0 | $113.29 |
Detailed Wilmington Transportation Costs Vs. Illinois
| Item | Wilmington | Illinois |
|---|---|---|
| Gasoline | $3.52 | $3.46 |
| Tire Balancing | $45.0 | $59.92 |
Detailed Wilmington Utilities Costs Vs. Illinois
| Item | Wilmington | Illinois |
|---|---|---|
| All Electricity | $156.87 | $193.99 |
| Phone | $198.03 | $192.25 |
Wilmington SnackAbility
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