Housing costs in Ledyard?
A typical home costs
$319,400, which is 5.5% less expensive than the national average of
$338,100 and 11.8% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Ledyard costs
$1,490 per month, which is 4.2% more than the national average of
$1,430 and 11.4% cheaper than the state average of
$1,660.
Can I afford Ledyard?
To live comfortably in Ledyard, Connecticut, a minimum annual income of
$61,200 for a family, and
$48,000 for a single person is recommended.
What does A.I. say about Ledyard?
The cost of living in Ledyard, CT is relatively low compared to other parts of the country. According to BestPlaces's Cost of Living Index, the overall cost of living in Ledyard is about 13% lower than the national average. This means that goods and services are generally less expensive in Ledyard than in other cities and towns across the United States. For example, groceries are approximately 4% lower than the national average, while housing costs are roughly 24% lower than the national average. These savings can make a big difference for those looking to move to this small town in Connecticut.