The Chamber's new Internet radio show launches today at 3:00 pm on Business RadioX, giving you a new way to learn about topical business issues, the Chamber's work, and area businesses.
The Wilmington MSA (New Hanover and Pender Counties)had an estimated 1.99 percent growth rate between July 2012 and July 2013 – adding 5,248 residents to the metro, according to figures the U.S. Census Bureau released on Thursday, March 27.
Complete our Newcomer Profile Form to receive additional free information about the Wilmington area from Chamber members and to be entered in a monthly drawing to receive a free Newcomer's Guide.
Providing the following info will allow the Chamber to target your specific needs for your relocation to the area. This information will be supplied to Chamber Members who, in return, will send you information relevant to your preferences.
The ACCRA Cost of Living Index (see table) measures the differences in the cost of consumer goods and services between cities, excluding taxes, for a middle-class standard of living. Approximately 300 urban areas in the United States participate in the study.
The results are based on the cost of more than 60 items that are priced by area chambers of commerce, economic development groups or similar organizations in each urban area during the same 3-day time frame. Each community is given a composite index in which the average score is 100 (if index numbers are above 100, they are more expensive than the average), derived from six categories. The index does not measure inflation. Instead, it serves as a snapshot of comparative costs between cities during a certain time period. Wilmington's latest study scores, compared to other southern cities, are shown in the table.
Some people won't consider a move to a smaller city like Wilmington, where salaries may be lower, because they don't want to lose purchasing power. But oftentimes the opposite is true.
Alternatively, some people are lured to another city for a bigger salary, only to find out that their disposable income?and consequently their quality of life?actually goes down, not up.
Why? Because the cost of living has to be measured versus the difference in salary. Companies in larger cities may offer larger salaries, but those cities also typically come with a higher cost of living.
If you are considering a move, use the cost of living calculator below to compare the cost of living between Wilmington and another city to more accurately evaluate a move.