Housing costs in Chimney Point?
A typical home costs
$0, which is 100.0% less expensive than the national average of
$338,100 and 100.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Chimney Point costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 4.6% more than the state average of
$1,660.
Can I afford Chimney Point?
To live comfortably in Chimney Point, Connecticut, a minimum annual income of
$67,680 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Chimney Point?
The cost of living in Chimney Point, CT is significantly higher than the US average cost of living. While the US average Cost of Living is 100, the median house value in Chimney Point is $338,100. This means that residents of Chimney Point need to have a higher budget when it comes to their housing costs as well as other everyday expenses. However, with its close proximity to major cities and access to excellent schools and amenities, many locals find that the higher cost of living is worth it for what they receive in return.