Housing costs in Torrington?
A typical home costs
$345,200, which is 2.1% more expensive than the national average of
$338,100 and 4.7% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Torrington costs
$1,380 per month, which is 3.5% cheaper than the national average of
$1,430 and 20.3% cheaper than the state average of
$1,660.
Can I afford Torrington?
To live comfortably in Torrington Connecti Metro Area, Connecticut, a minimum annual income of
$66,240 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Torrington?
The cost of living in the Torrington, CT Metro Area is 4.9% higher than the national average. Housing costs are also higher than the US median, with the median house value being $345,200 compared to the national median of $338,100. This is a reflection of higher housing costs in the area and may be an indication that living expenses are much higher than other areas across the US.