Housing costs in Montville?
A typical home costs
$265,700, which is 21.4% less expensive than the national average of
$338,100 and 26.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Montville costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 21.2% cheaper than the state average of
$1,660.
Can I afford Montville?
To live comfortably in Montville, Connecticut, a minimum annual income of
$50,760 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Montville?
The cost of living in Montville, CT is quite high compared to the national average. The median home value in the town is approximately $280,000, which is significantly higher than the national average of around $170,000. Renters can expect to find similar prices for one-bedroom apartments and other rental properties. Groceries tend to be slightly higher than the nationwide average as well. However, residents enjoy a number of advantages such as low crime rates and excellent schools. Overall, Montville's cost of living may be higher than other areas but it also offers a high quality of life that many are willing to pay for.