Housing costs in Preston?
A typical home costs
$322,700, which is 4.6% less expensive than the national average of
$338,100 and 10.9% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Preston costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford Preston?
To live comfortably in Preston, Connecticut, a minimum annual income of
$61,920 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Preston?
The cost of living in Preston, CT is quite reasonable. Compared to the national average, it is slightly lower, which makes it attractive for families looking to relocate or downsize. Housing and utilities are relatively affordable, as the median home value is roughly $180,000 and the median monthly energy bill is only $109. However, groceries can be a bit pricier than other places in Connecticut since there are limited options for shopping. Aside from that, Preston offers goods and services at competitive prices — making it an ideal place to live for those looking for a balance between budget and lifestyle.