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Old 04-28-2011, 12:23 PM
 
1,733 posts, read 2,181,381 times
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Everything you all have observed about living in Wilmington, I observed in 2000. I can imagine things have only gotten worse. I was disappointed, because I was initially excited about living there, and I thought I'd enjoy it more than I did.

The cost of living versus average salaries was BANANAS. I couldn't believe it when someone told me I was making "good money for Wilmington" (I made $19,000 a year). A better-paying job was not to be found. Yet apartments were the same price as the ones in Raleigh. Rent ate up half of my paycheck. There's a lot of fun stuff to do in Wilmngton, but since I worked two jobs, I was too busy and tired to do anything half the time. Also, it didn't seem incredibly diverse, and I could never find a network of young professionals to socialize with.

I currently live a little under two hours from Wilmington, and I LOVE to go down for the day or the weekend. I take my bike, hit up the beach or Airlie Gardens or someplace. I think it works out better than actually living there.
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Old 04-28-2011, 01:47 PM
 
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Originally Posted by LWoo View Post
Wilmington is a beautiful city, but it is only affordable to those moving here from up north. It is overpopulated and since it's 'cornered up' there's no room to grow. Traffic it pathetic! Road construction is everywhere, always trying to catch up, never succeeding.
I moved here 5 years ago when newlywed to start out a new life. I'm telling you, it's hard! The job market stinks and is way under paid in comparison to the cost of living.
Just look at the real estate market, a few years ago with 120K you could buy a decent starter home. Nowadays you can barely buy a doublewide with that. But salaries remain the same. Unless you make 6 figures or more you won't be living 'confortably'.
It's the price to pay for living at the beach. To me it's not worth it, I'm looking to relocate before my kids have to start school.

No, it's the price to pay for living in Wilmington. Though the coastal area in NC tends to be mroe expensive overall, especially in raltion to available employment, Wilmington specifically is the worst when it comes to this. There are plenty of places within spitting distance of Wilmington that are much cheaper. Granted none will have the amenities of Wilmington.

Last edited by macjr82; 04-28-2011 at 01:56 PM..
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Old 04-30-2011, 02:30 PM
 
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Yeah, I looked at apartments in Myrtle Beach around the same time--MUCH less expensive. Even the ones owned by the SAME management companies! I couldn't believe it.

I don't know why Wilmington is so much more expensive than other coastal areas. And really, Wilmington has more amenities, but not THAT many more to justify that cost of living.
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Old 04-30-2011, 03:53 PM
 
22,768 posts, read 30,733,597 times
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Originally Posted by Special_Guest View Post
Yeah, I looked at apartments in Myrtle Beach around the same time--MUCH less expensive. Even the ones owned by the SAME management companies! I couldn't believe it.

I don't know why Wilmington is so much more expensive than other coastal areas. And really, Wilmington has more amenities, but not THAT many more to justify that cost of living.
compared to wilmington, myrtle beach is a tin shack on highway 17 with blinking lights. Wilmington is a historic town with a diverse economy.

the question on my mind is why wilmington is as expensive as charleston.

Last edited by le roi; 04-30-2011 at 04:02 PM..
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Old 04-30-2011, 03:57 PM
 
Location: Durm
7,104 posts, read 11,602,228 times
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I just moved here last week and love it so far. But - I telecommute, so my job came with me. If I get laid off (a distinct possibility) who knows, but I rent. I found my house for rent on a for rent sign in front of the house. That might be the cheaper way to do it. I noticed an incredible amount of homes for sale in my neighborhood close to downtown, and was talking to a guy who said renting is the way to go as he's way upside down on his house

I've noticed that traffic is an absolute nightmare and it's not even summer yet.

I've also noticed that downtown is terrific.
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