Housing costs in New Haven-Milford?
A typical home costs
$326,700, which is 3.4% less expensive than the national average of
$338,100 and 9.8% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in New Haven-Milford costs
$1,570 per month, which is 9.8% more than the national average of
$1,430 and 5.7% cheaper than the state average of
$1,660.
Can I afford New Haven-Milford?
To live comfortably in New Haven-Milford Connecti Metro Area, Connecticut, a minimum annual income of
$62,640 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about New Haven-Milford?
The cost of living in New Haven-Milford, CT Metro Area is higher than the average cost of living in the United States. According to the information provided, the cost of living in this area is 109.5 compared to the US average of 100. In addition, the median house value is also much higher than the US average, with a median house value of $326700 compared to $338100 for the United States. This high cost of living and house values means that overall living costs are much higher here than they are elsewhere in America.