Housing costs in Connecticut?
A typical home costs
$362,100, which is 7.1% more expensive than the national average of
$338,100 and 0.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Connecticut costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford Connecticut?
To live comfortably in Connecticut, a minimum annual income of
$69,480 for a family, and
$54,000 for a single person is recommended.
What does A.I. say about Connecticut?
The cost of living in Connecticut State is relatively high compared to other states in the US. The median home price in Connecticut is $262,400, which is slightly more expensive than the national median of $231,200. Additionally, the cost of groceries, transportation and health care are all higher than the national average. Renting an apartment or house can be costly as well, with the average monthly rent for a two-bedroom apartment being around $1,616. Despite these costs, Connecticut residents enjoy a high quality of life that comes with some of the best schools in America and plenty of recreational activities like hiking trails and beaches.