Housing costs in Groton Long Point?
A typical home costs
$891,000, which is 163.5% more expensive than the national average of
$338,100 and 146.1% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Groton Long Point costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$1,660.
Can I afford Groton Long Point?
To live comfortably in Groton Long Point, Connecticut, a minimum annual income of
$170,640 for a family, and
$50,000 for a single person is recommended.
What does A.I. say about Groton Long Point?
The cost of living in Groton Long Point, CT is slightly higher than the rest of Connecticut. The median home price in Groton Long Point is $690,000, which is more than double the median home price across the state ($259,400). Additionally, due to its small size and close proximity to New York City, food and other goods tend to be a bit more expensive. However, given its small size and peaceful atmosphere, many people find that these costs are worth it for the overall quality of life they experience in Groton Long Point.