Housing costs in Newington?
A typical home costs
$278,700, which is 17.6% less expensive than the national average of
$338,100 and 23.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Newington costs
$1,640 per month, which is 14.7% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford Newington?
To live comfortably in Newington, Connecticut, a minimum annual income of
$53,280 for a family, and
$52,800 for a single person is recommended.
What does A.I. say about Newington?
The cost of living in Newington, CT is higher than the US average. According to the data, the median house value in Newington, CT is $278,700 while the US average house value is $338,100. Additionally, the cost of living in Newington is 106.1 whereas the US average Cost of Living is 100. This means that it costs more to live in Newington than it does across the country. Although housing may be cheaper in Newington compared to other areas, general living expenses may be slightly higher due to its higher cost of living index.