Housing costs in Fenwick?
A typical home costs
$2,380,900, which is 604.2% more expensive than the national average of
$338,100 and 557.5% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Fenwick costs
$2,210 per month, which is 54.5% more than the national average of
$1,430 and 24.9% more than the state average of
$1,660.
Can I afford Fenwick?
To live comfortably in Fenwick, Connecticut, a minimum annual income of
$456,120 for a family, and
$69,600 for a single person is recommended.
What does A.I. say about Fenwick?
The cost of living in Fenwick, CT is relatively high compared to the rest of the state. The median home cost is currently $641,700 which is well above the national average of $231,200. Additionally, the average rent for a one-bedroom apartment is about $1,500 a month. The grocery prices are also slightly higher than other areas due to the area’s popularity and convenience. Gas prices are comparable to the rest of Connecticut while utilities run a bit above average due to the cold winters in Fenwick. All in all, living in Fenwick can be quite expensive but it provides its residents with an excellent quality of life and a great sense of community.