Southwood Acres, CT Cost of Living


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Southwood Acres cost of living score
104.8
More expensive
4.8% higher
than the US average
6.3% lower
than the Connecticut average
Southwood Acres, Connecticut gets a BestPlaces Cost of Living score of 104.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 4.8% higher than the U.S. average and 6.3% higher than the average for Connecticut.

Southwood Acres, CT

Housing costs in Southwood Acres?
A typical home costs $231,100, which is 31.6% less expensive than the national average of $338,100 and 36.2% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Southwood Acres costs $1,570 per month, which is 9.8% more than the national average of $1,430 and 5.7% cheaper than the state average of $1,660.

Can I afford Southwood Acres?
To live comfortably in Southwood Acres, Connecticut, a minimum annual income of $44,280 for a family, and $50,400 for a single person is recommended.

What does A.I. say about Southwood Acres?
Southwood Acres, CT is an affordable place to live in terms of the cost of living. As of 2019, the median home value was $284,800, making it one of the more reasonably priced towns in the greater Hartford area. It's also cheaper than some neighboring towns like West Hartford or Avon. Renters can find a decent two-bedroom apartment for less than $1,400 per month. Groceries and other necessities are reasonably priced compared with other places in the region as well. In addition to being affordable, Southwood Acres offers its residents access to great schools, plenty of restaurants and shops, and a number of outdoor activities right at their fingertips.
   Cost of living score
     CategoriesSouthwood AcresConnecticutUnited States
  104.8111.8100.0
  104.5106.6100
  114.0118.6100.0
  69.1109.2100.0
  $231,100$362,100$338,100
  119.3%118.5%100.0%
  107.1112.4100.0
  132.4126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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