Sharon, CT Cost of Living


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Sharon cost of living score
105.9
More expensive
5.9% higher
than the US average
5.3% lower
than the Connecticut average
Sharon, Connecticut gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Connecticut.

Sharon, CT

Housing costs in Sharon?
A typical home costs $518,600, which is 53.4% more expensive than the national average of $338,100 and 43.2% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Sharon costs $1,630 per month, which is 14.0% more than the national average of $1,430 and close to the state average of $1,660.

Can I afford Sharon?
To live comfortably in Sharon, Connecticut, a minimum annual income of $99,360 for a family, and $50,400 for a single person is recommended.

What does A.I. say about Sharon?
The cost of living in Sharon, CT is relatively high compared to the rest of the United States. According to Best Places, the cost of living index is 122.6, which is 22.6% higher than the national average. Housing costs are especially high with a median home price of $680,600 and median rent prices for a two bedroom apartment estimated at $1,583 per month. Despite these higher prices, Sharon remains an attractive place for those who can afford it due to its excellent schools and easy access to New York City and Hartford.
   Cost of living score
     CategoriesSharonConnecticutUnited States
  105.9111.8100.0
  111.7106.6100
  111.8118.6100.0
  171.1109.2100.0
  $518,600$362,100$338,100
  116.4%118.5%100.0%
  90.6112.4100.0
  127.9126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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