Sherwood Manor, CT Cost of Living


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Sherwood Manor cost of living score
104.8
More expensive
4.8% higher
than the US average
6.3% lower
than the Connecticut average
Sherwood Manor, 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.

Sherwood Manor, CT

Housing costs in Sherwood Manor?
A typical home costs $240,100, which is 29.0% less expensive than the national average of $338,100 and 33.7% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Sherwood Manor 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 Sherwood Manor?
To live comfortably in Sherwood Manor, Connecticut, a minimum annual income of $46,080 for a family, and $50,400 for a single person is recommended.

What does A.I. say about Sherwood Manor?
The cost of living in Sherwood Manor, CT is quite reasonable. The average price for a house in the area is around $250,000, with plenty of options for those looking to purchase at any price point. Renters will also find an ample supply of apartments and homes that fit within their budget. The overall cost of goods and services in the area is generally low compared to many other parts of the United States, allowing locals to enjoy more for less. Additionally, numerous tax incentives are available which helps lower the overall cost even further. All in all, Sherwood Manor, CT is an excellent place to live with a reasonable cost of living.
   Cost of living score
     CategoriesSherwood ManorConnecticutUnited States
  104.8111.8100.0
  104.5106.6100
  114.0118.6100.0
  73.2109.2100.0
  $240,100$362,100$338,100
  119.3%118.5%100.0%
  105.0112.4100.0
  132.0126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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