Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Cost of Living in Wimbledon

Is it better to rent or buy in Wimbledon? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$91,250
$633/mo

Median in area: $633

$215,200

Median in area: $215,200

$43,040

If you Rent

$861 /mo
Base Rent$633
Est. Utilities$228
% of Income11.3%
Pre-tax Residual$6,743

If you Buy

$1,587 /mo
P&I (6.988%)$1,144
Taxes & Ins$215
Est. Utilities$228
% of Income20.9%
Pre-tax Residual$6,017

Cost of Living FAQs

Is it cheaper to rent or buy in Wimbledon?

Based on median housing data, renting is currently more affordable on a monthly basis in Wimbledon. The estimated all-in monthly cost for renting is $861, while owning a median-priced home with a 20% down payment is roughly $1,587 per month (a difference of $726).

How much do utilities cost in Wimbledon?

The average monthly utility cost (electricity and natural gas) for a typical home in Wimbledon is approximately $228. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Wimbledon?

To comfortably afford the median rent and utilities in Wimbledon without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $34,440 per year.