Housing costs in East Hampton?
A typical home costs
$315,400, which is 6.7% less expensive than the national average of
$338,100 and 12.9% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in East Hampton costs
$1,560 per month, which is 9.1% more than the national average of
$1,430 and 6.4% cheaper than the state average of
$1,660.
Can I afford East Hampton?
To live comfortably in East Hampton, Connecticut, a minimum annual income of
$60,480 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about East Hampton?
The cost of living in East Hampton, CT is higher than the US average by 10.5%. The median house value in East Hampton is also higher than the US average at $315,400 compared to $338,100. This means that those looking to buy a home or rent in East Hampton should expect to pay more than they would in other areas of the country. However, with its close proximity to major cities such as New York and Boston and its access to activities like skiing, beaches, and hiking, the extra cost of living may be worth it for those who enjoy an active lifestyle.