Why Finding Common Ground Will Determine the Future of Manufacturing

The recent debate and vote about the County's controversial special use permit may provide an insight into the future of manufacturing in New Hanover County.

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Suggest a Project for Work On Wilmington

Here’s your chance to feel good about helping area schools and non-profits…and all we need from you are project suggestions.

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Moving & Visiting Here

Free Newcomer Information

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.

Cost of Living and Cost of Living Calculator

Newcomer Publications

Newcomer Profile Form

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.

Cost of Living

3rd Quarter 2014 Cost of Living

Select Southern Cities
City Com-
posite
Grocery Housing Utilities Trans-
portation
Health-
care
Misc.
Goods &
Services
Wilmington, NC 100.5 107.5 88.7 100.4 103.9 111.0 104.2
Raleigh, NC 92.3 97.5 75.5 98.9 99.4 101.2 97.5
Charlotte, NC 95.3 101.9 85.5 105.9 94.6 101.6 96.4
Asheville, NC 103.0 105.2 103.5 101.0 100.0 109.0 102.5
Charleston, SC 101.2 109.7 96.9 111.6 93.8 106.1 100.1
Washington, D.C. 138.8 109.2 246.6 97.5 105.6 95.7 97.3
Norfolk, VA 99.1 99.7 92.5 109.5 94.7 107.2 105.2

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.

Salary vs. Cost of Living: What to consider when evaluating a move

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.

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