Learning Center · Updated 2025-01-15
Cost of Living in Wilmington, NC (2025)
A practical look at Wilmington's cost of living from a mortgage and homeownership lens.
TL;DR
Wilmington is generally cheaper than coastal Northeast cities and Florida hotspots, but coastal insurance and rising home prices have narrowed the gap.
Housing
Median home prices have risen sharply over the past five years but still trail Charleston, Raleigh, and most Florida coastal markets.
Taxes
North Carolina has a flat state income tax; New Hanover and Brunswick property tax rates are reasonable.
Insurance
Coastal home insurance is the wild card, get quotes early.
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