Wilmington, MA Cost Of Living

Demographics | Crime | Cost Of Living
Updated: 2023-11-15

Cost Of Living In Wilmington, MA 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 Massachusetts, 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 146, with 100 being the average.

  • The cost of living index in Wilmington is 1.5x higher than the national average.

  • Wilmington ranks as the #82 cheapest in Massachusetts out of 113.

  • Wilmington ranks as the #5,742 cheapest out of 6,412 in the US.

  • The median home value in Wilmington is $542,600.

  • The median income in Wilmington is $146,250.

Table Of Contents

  1. Summary
  2. National Comparison
  3. Housing Breakdown
  4. Detailed Pricing
  5. Nearby Comparisons
146
Wilmington's Overall Cost Of Living
1.5x
Higher Than The National Average

What is the cost of living in Wilmington, MA?

According to the most recent data on the cost of living, Wilmington has an overall cost of living index of 146, which is 1.5x higher than the national index of 100.

Compared to Massachusetts, Wilmington has a cost of living index that's 1.0x higher than Massachusetts's index of 143.

The standard of living in Wilmington ranks as #82 most affordable out of the 113 places we measured in Massachusetts. By definition, that implies Wilmington ranks as the #31 most expensive place in the Bay State.

For more reading on life in Wilmington, check out:

82 out of 113
In Massachusetts
5,742 out of 6,412
In America

Wilmington Cost Of Living Vs. Massachusetts

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 127.

  • The Groceries index in Wilmington is 114.

  • The Health index in Wilmington is 122.

  • The Housing index in Wilmington is 204.

  • The Transportation index in Wilmington is 110.

  • The Utilities index in Wilmington is 123.

Living Expense Wilmington Massachusetts National Average
Overall 146 143 100
Services 127 126 100
Groceries 114 108 100
Health 122 117 100
Housing 204 202 100
Transportation 110 114 100
Utilities 123 123 100
For more reading on cost of living around Massachusetts, check out:
Wilmington Cost of Living Vs. MA

Wilmington, MA Housing Cost Breakdown

Housing swings affordability the most between places in Massachusetts, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:

  • The Median Home Value in Wilmington is $542,600.

  • The Median Rent in Wilmington is $2,186.

  • The Median Income in Wilmington is $146,250.

  • The Home Value To Income in Wilmington is 3.7x.

  • The Rent To Monthly Income in Wilmington is 0.18x.

Statistic Wilmington Massachusetts United States
Median Home Value $542,600 $424,700 $244,900
Median Rent $2,186 $1,429 $1,163
Median Income $146,250 $89,026 $69,021
Home Value To Income 3.7x 4.8x 3.5x
Rent To Monthly Income 0.18x 0.19x 0.2x
Search Homes For Sale In Wilmington, MA
$542,600
Median Home Value
$2,186
Median Rent
$146,250
Median Income

Wilmington, MA Costs By Category

Detailed Wilmington Services Costs Vs. Massachusetts

Item Wilmington Massachusetts
Shampoo $1.0 $1.06
Movie $14.43 $10.68
Bowling $21.0 $14.67
Haircut $34.97 $18.62
Beauty Salon $64.17 $39.05

Detailed Wilmington Groceries Costs Vs. Massachusetts

Item Wilmington Massachusetts
Ground Beef $3.74 $4.22
Fried Chicken $1.64 $1.39
Milk $2.27 $2.05
Potatoes $4.02 $3.29
Pizza $11.16 $10.62
Beer $9.29 $9.38
Toothpaste $2.3 $2.34

Detailed Wilmington Health Costs Vs. Massachusetts

Item Wilmington Massachusetts
Optometrist $102.75 $108.57
Doctor $194.0 $116.17
Dentist $108.27 $99.13

Detailed Wilmington Transportation Costs Vs. Massachusetts

Item Wilmington Massachusetts
Gasoline $2.19 $2.22
Tire Balancing $64.47 $50.07

Detailed Wilmington Utilities Costs Vs. Massachusetts

Item Wilmington Massachusetts
All Electricity $233.87 $167.67
Phone $181.11 $175.64

Wilmington SnackAbility

6
/10
Overall SnackAbility
Jobs
8.5/10
Housing
9.5
Affordability
7
Diversity
6
Safety
8.5
Amenities
8.5
Education
9
Commute
4

Cost Of Living In Cities Around Wilmington

The cost of living varies in the cities and towns around Wilmington. Here's a quick look at the cost of living in the most populous nearby places:

  • Newton, MA has a cost of living index of 192, 1.3x Wilmington.

  • Brookline, MA has a cost of living index of 191, 1.3x Wilmington.

  • Woburn, MA has a cost of living index of 141, 1.0x Wilmington.

City Population Cost Of Living Vs. Wilmington
Newton, MA 88,647 192 1.3x
Brookline, MA 62,620 191 1.3x
Woburn, MA 40,967 141 1.0x
Lexington, MA 34,235 190 1.3x
Needham, MA 31,808 180 1.2x
Wellesley, MA 29,365 216 1.5x
Wakefield, MA 27,041 146 1.0x
Burlington, MA 26,234 149 1.0x
Reading, MA 25,483 152 1.0x
Stoneham, MA 23,077 147 1.0x

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