Housing costs in Stonington?
A typical home costs
$468,900, which is 38.7% more expensive than the national average of
$338,100 and 29.5% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Stonington costs
$1,470 per month, which is 2.8% more than the national average of
$1,430 and 12.9% cheaper than the state average of
$1,660.
Can I afford Stonington?
To live comfortably in Stonington, Connecticut, a minimum annual income of
$90,000 for a family, and
$47,600 for a single person is recommended.
What does A.I. say about Stonington?
The cost of living in Stonington, CT is slightly above the national average. The median home value in Stonington is $348,500 while the median household income is approximately $76,000. This means that residents can expect to pay slightly more for goods and services than those living in other areas of the country. Despite this, people often choose Stonington for its charming coastal setting and wide array of amenities that allow them to enjoy a good quality of life. The area offers excellent schools, plenty of recreational activities, and easy access to both city and rural lifestyles. All of these factors make it a desirable destination for many looking for an affordable place to call home.