Housing costs in New Haven?
A typical home costs
$251,400, which is 25.6% less expensive than the national average of
$338,100 and 30.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in New Haven costs
$1,630 per month, which is 14.0% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford New Haven?
To live comfortably in New Haven, Connecticut, a minimum annual income of
$48,240 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about New Haven?
The cost of living in New Haven, CT is 105.5 according to the US average Cost of Living index, which is 5.5 points higher than the national average. This means that basic goods and services like groceries, health care, transportation, and housing are more expensive in New Haven than most other places across the country. The median house value in New Haven is $251,400; this is significantly lower than the US average house value of $338,100. Despite a lower median home value, it's important to keep in mind that the overall cost of living is still higher than most other places due to the elevated prices of other goods and services.