CostIndexUSA

Racine, WI vs Wilmington, NC Cost of Living

Data: BEA Regional Price Parities · Census ACS · 2024

≈ Equal CostWI
Racine
96
overall index
$1,325/mo rent
NC
Wilmington
96.4
overall index
$1,700/mo rent

Racine and Wilmington have nearly identical costs of living.

Category Breakdown

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

🏠 Housing+1.3%
Racine
92
Wilmington
93.2
🛒 Groceries+3.0%
Racine
93.8
Wilmington
96.6
🚗 Transportation1.2%
Racine
104.4
Wilmington
103.1
🏥 Healthcare1.2%
Racine
94.4
Wilmington
93.3
Utilities2.3%
Racine
90
Wilmington
87.9

Salary Equivalency Calculator

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

$
Equivalent salary in Wilmington, NC
$80,300
$300 more needed in Wilmington

Formula: salary × (96.4 ÷ 96) = salary × 1.0042. Based on BEA Regional Price Parities.

Housing Market

Racine, WI

Median Home Price
$293,000
Median Monthly Rent
$1,325
Housing Index
92
Price-to-Rent Ratio
18.4×

Wilmington, NC

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

Wilmington has 1.3% higher housing costs compared to Racine.

Income & Job Market

Racine, WI

Median Household Income
$74,000
Per Capita Income
$42,200
Unemployment Rate
3.6%
Population
78,900
Top Industries
ManufacturingHealthcareRetailTechnologyFinance

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).

Racine, WI
4.7×income-to-rent ratio

79% 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.