Housing costs in Lake Pocotopaug?
A typical home costs
$289,500, which is 14.4% less expensive than the national average of
$338,100 and 20.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Lake Pocotopaug costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 6.4% cheaper than the state average of
$1,660.
Can I afford Lake Pocotopaug?
To live comfortably in Lake Pocotopaug, Connecticut, a minimum annual income of
$55,440 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Lake Pocotopaug?
The cost of living in Lake Pocotopaug, CT is relatively high compared to other parts of the state. The median home value for homes in the area is $281,200, which is nearly double the median home value in Connecticut as a whole. Renters should expect to pay an average of $1,300 per month for a two-bedroom apartment. The cost of groceries and everyday items is slightly higher than the national average due to its rural location and limited shopping options. Although it is more expensive than other areas in the state, Lake Pocotopaug provides its residents with a unique sense of community and natural beauty that makes it worth every penny.