Housing costs in Bloomfield?
A typical home costs
$260,000, which is 23.1% less expensive than the national average of
$338,100 and 28.2% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Bloomfield costs
$1,890 per month, which is 32.2% more than the national average of
$1,430 and 12.2% more than the state average of
$1,660.
Can I afford Bloomfield?
To live comfortably in Bloomfield, Connecticut, a minimum annual income of
$49,680 for a family, and
$60,800 for a single person is recommended.
What does A.I. say about Bloomfield?
The cost of living in Bloomfield, CT is relatively high compared to other cities across the country. According to Best Places, the cost of living index for Bloomfield is 132.8, which is 32.8% higher than the United States average. Housing costs are particularly expensive, with an estimated median home value of $222,800 and a median rent price of $1,296 per month. Additionally, goods and services tend to be more expensive than in other areas due to its close proximity to Hartford and New York City. Despite its relatively high cost of living, Bloomfield offers its residents plenty of opportunities and amenities such as excellent schools and quality healthcare that make it a desirable place to live.