CostIndexUSA

Austin, TX vs Wilmington, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

TX
Austin
98.1
overall index
$1,550/mo rent
More AffordableNC
Wilmington
96.4
overall index
$1,700/mo rent

Wilmington is slightly cheaper than Austin — 1.7% lower overall cost of living.

To match an $80,000 salary in Austin, you would need $78,600 in Wilmington. Calculate your salary ↓

Category Breakdown

Index values: 100 = U.S. national average. Higher = more expensive.

🏠 Housing22.6%
Austin
120.4
Wilmington
93.2
🛒 Groceries+3.0%
Austin
93.8
Wilmington
96.6
🚗 Transportation+2.0%
Austin
101.1
Wilmington
103.1
🏥 Healthcare+2.1%
Austin
91.4
Wilmington
93.3
Utilities+7.2%
Austin
82
Wilmington
87.9

Salary Equivalency Calculator

Enter your current salary in Austin to see what you'd need to earn in Wilmington to maintain the same purchasing power.

$
Equivalent salary in Wilmington, NC
$78,600
$1,400 less needed in Wilmington

Formula: salary × (96.4 ÷ 98.1) = salary × 0.9827. Based on BEA Regional Price Parities.

Housing Market

Austin, TX

Median Home Price
$420,000
Median Monthly Rent
$1,550
Housing Index
120.4
Price-to-Rent Ratio
22.6×

Wilmington, NC

Median Home Price
$432,000
Median Monthly Rent
$1,700
Housing Index
93.2
Price-to-Rent Ratio
21.2×

Austin has 22.6% lower housing costs compared to Wilmington.

Income & Job Market

Austin, TX

Median Household Income
$98,500
Per Capita Income
$56,100
Unemployment Rate
3.9%
Population
978,908
Top Industries
TechnologyGovernmentHealthcareEducationEntertainment

Wilmington, NC

Median Household Income
$76,900
Per Capita Income
$43,800
Unemployment Rate
4.3%
Population
115,451
Top Industries
HealthcareTourismTechnologyEducationMilitary

Affordability at a Glance

Income-to-rent ratio: higher is better (more income relative to housing costs).

Austin, TX
5.3×income-to-rent ratio

81% of income left after rent (median)

Wilmington, NC
3.8×income-to-rent ratio

73% of income left after rent (median)

Data Sources: Bureau of Economic Analysis (BEA) Regional Price Parities 2024; U.S. Census Bureau American Community Survey (ACS); Bureau of Labor Statistics (BLS) Local Area Unemployment Statistics; Zillow Research.

Cost indices use 100 as the U.S. national average. Values above 100 indicate costs above the national average. Data is updated annually.

This data is for informational purposes only and should not be used as the sole basis for relocation or financial decisions.