Cost of living in Wilmington Island 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 Island is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Georgia, 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 Island is 107, with 100 being the average.
The cost of living index in Wilmington Island is 1.1x higher than the national average.
Wilmington Island ranks as the #132 cheapest in Georgia out of 154.
Wilmington Island ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Wilmington Island is $278,400.
The median income in Wilmington Island is $84,172.
According to the most recent data on the cost of living, Wilmington Island has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Georgia, Wilmington Island has a cost of living index that's 1.2x higher than Georgia's index of 89.
The standard of living in Wilmington Island ranks as #132 most affordable out of the 154 places we measured in Georgia. By definition, that implies Wilmington Island ranks as the #22 most expensive place in the Peach State.
For more reading on life in Wilmington Island, check out:
Six factors go into calculating the cost of living index in Wilmington Island. Here is how it fairs on each of the criteria:
The Services index in Wilmington Island is 100.
The Groceries index in Wilmington Island is 95.
The Health index in Wilmington Island is 109.
The Housing index in Wilmington Island is 122.
The Transportation index in Wilmington Island is 101.
The Utilities index in Wilmington Island is 97.
Living Expense | Wilmington Island | Georgia | National Average | |
---|---|---|---|---|
Overall | 107 | 89 | 100 | |
Services | 100 | 95 | 100 | |
Groceries | 95 | 96 | 100 | |
Health | 109 | 98 | 100 | |
Housing | 122 | 76 | 100 | |
Transportation | 101 | 90 | 100 | |
Utilities | 97 | 86 | 100 |
Housing swings affordability the most between places in Georgia, 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 Island is $278,400.
The Median Rent in Wilmington Island is $1,444.
The Median Income in Wilmington Island is $84,172.
The Home Value To Income in Wilmington Island is 3.3x.
The Rent To Monthly Income in Wilmington Island is 0.21x.
Statistic | Wilmington Island | Georgia | United States |
---|---|---|---|
Median Home Value | $278,400 | $206,700 | $244,900 |
Median Rent | $1,444 | $1,110 | $1,163 |
Median Income | $84,172 | $65,030 | $69,021 |
Home Value To Income | 3.3x | 3.2x | 3.5x |
Rent To Monthly Income | 0.21x | 0.2x | 0.2x |
Item | Wilmington Island | Georgia |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $10.88 | $10.68 |
Bowling | $20.06 | $14.67 |
Haircut | $18.04 | $18.62 |
Beauty Salon | $35.8 | $39.05 |
Item | Wilmington Island | Georgia |
---|---|---|
Ground Beef | $4.48 | $4.22 |
Fried Chicken | $1.51 | $1.39 |
Milk | $1.76 | $2.05 |
Potatoes | $3.54 | $3.29 |
Pizza | $11.51 | $10.62 |
Beer | $10.08 | $9.38 |
Toothpaste | $1.95 | $2.34 |
Item | Wilmington Island | Georgia |
---|---|---|
Optometrist | $93.79 | $108.57 |
Doctor | $109.21 | $116.17 |
Dentist | $127.37 | $99.13 |
Item | Wilmington Island | Georgia |
---|---|---|
Gasoline | $2.1 | $2.22 |
Tire Balancing | $54.96 | $50.07 |
Item | Wilmington Island | Georgia |
---|---|---|
All Electricity | $155.12 | $167.67 |
Phone | $182.23 | $175.64 |
The cost of living varies in the cities and towns around Wilmington Island. Here's a quick look at the cost of living in the most populous nearby places:
Savannah, GA has a cost of living index of 96, 0.9x Wilmington Island.
Hilton Head Island, SC has a cost of living index of 136, 1.3x Wilmington Island.
Bluffton, SC has a cost of living index of 114, 1.1x Wilmington Island.
City | Population | Cost Of Living | Vs. Wilmington Island |
---|---|---|---|
Savannah, GA | 147,930 | 96 | 0.9x |
Hilton Head Island, SC | 38,068 | 136 | 1.3x |
Bluffton, SC | 27,596 | 114 | 1.1x |
Pooler, GA | 25,284 | 102 | 1.0x |
Georgetown, GA | 12,474 | 96 | 0.9x |
Port Wentworth, GA | 10,502 | 98 | 0.9x |
Skidaway Island, GA | 8,961 | 135 | 1.3x |
Whitemarsh Island, GA | 7,000 | 114 | 1.1x |