Housing costs in Columbia?
A typical home costs
$338,800, which is 0.2% more expensive than the national average of
$338,100 and 6.4% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Columbia costs
$1,310 per month, which is 8.4% cheaper than the national average of
$1,430 and 26.7% cheaper than the state average of
$1,660.
Can I afford Columbia?
To live comfortably in Columbia, Connecticut, a minimum annual income of
$64,800 for a family, and
$42,000 for a single person is recommended.
What does A.I. say about Columbia?
The cost of living in Columbia, CT is relatively high compared to other cities in the US. According to the Connecticut Department of Labor, the cost of groceries and health care are significantly higher than the national average. Home prices in Columbia are also significantly higher than the national average, with an estimated median home price of $368,100. Renters can expect to pay around $1,541 for a two-bedroom apartment on average. Other expenses such as gas, utilities, and transportation can also be costly in Columbia due to its rural location.