Housing costs in Broad Brook?
A typical home costs
$306,700, which is 9.3% less expensive than the national average of
$338,100 and 15.3% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Broad Brook costs
$1,820 per month, which is 27.3% more than the national average of
$1,430 and 8.8% more than the state average of
$1,660.
Can I afford Broad Brook?
To live comfortably in Broad Brook, Connecticut, a minimum annual income of
$58,680 for a family, and
$58,800 for a single person is recommended.
What does A.I. say about Broad Brook?
The cost of living in Broad Brook, CT is slightly above the national average. According to BestPlaces, the overall cost of living index in Broad Brook is 104.6, which is 4.6% higher than the national average of 100. Housing expenses are particularly high, with an estimated median home price of $331,000—nearly double that of the U.S. at $184,700. Those who don’t want to commit to purchasing a house can still take advantage of the relatively affordable rental costs in Broad Brook; the median rent for a 1-bedroom apartment is just over $1,100 per month. On top of housing costs, groceries and miscellaneous items like entertainment and transportation often add up quickly in Broad Brook as they are also slightly above average when compared to other cities across the country.