The cost of living in Wilmington edged up slightly in the third quarter
of 2014, according to a national survey. Highlights of the survey
pertaining to Wilmington were released Monday by the Wilmington Chamber
of Commerce.
On a scale for which 100 is the national average, Wilmington’s composite
cost of living score was 100.5, slightly more than the national average
and higher than several other metropolitan areas in North Carolina. The
score was also several points higher than for the same period in 2013,
when Wilmington’s composite cost of living score was 97.7.
Of the four other North Carolina metro areas highlighted by the chamber
report, only Asheville had a higher cost of living composite score, at
103.0. Other major metros and their scores were Raleigh, 92.3 and
Charlotte, 95.3.
The data, gathered from 264 urban areas that participated in the
quarterly study, showed that New York City’s Manhattan borough was the
most expensive city in the U.S., with an index of 214.5. McAllen, Texas,
was the least expensive metropolitan area, with an index of 81.5.
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