Housing costs in Canterbury?
A typical home costs
$313,000, which is 7.4% less expensive than the national average of
$338,100 and 13.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Canterbury costs
$1,700 per month, which is 18.9% more than the national average of
$1,430 and 2.4% more than the state average of
$1,660.
Can I afford Canterbury?
To live comfortably in Canterbury, Connecticut, a minimum annual income of
$60,120 for a family, and
$51,600 for a single person is recommended.
What does A.I. say about Canterbury?
The cost of living in Canterbury, CT is quite reasonable. The median home value is around $203,000 and the median household income is just over $86,000. This indicates that there are plenty of affordable housing options available for those looking to live in the area. Utilities are also inexpensive, making it easy to keep expenses low. Property taxes can be quite high in certain areas as well, but overall the cost of living in Canterbury is on the lower side when compared to other towns and cities in Connecticut.