Bantam, CT Cost of Living


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Bantam cost of living score
105.9
More expensive
5.9% higher
than the US average
5.3% lower
than the Connecticut average
Bantam, Connecticut gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Connecticut.

Bantam, CT

Housing costs in Bantam?
A typical home costs $274,000, which is 19.0% less expensive than the national average of $338,100 and 24.3% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Bantam costs $1,370 per month, which is 4.2% cheaper than the national average of $1,430 and 21.2% cheaper than the state average of $1,660.

Can I afford Bantam?
To live comfortably in Bantam, Connecticut, a minimum annual income of $52,560 for a family, and $42,400 for a single person is recommended.

What does A.I. say about Bantam?
The cost of living in Bantam, CT is generally quite affordable. The median home price is around $246,000, significantly lower than the national average. Groceries and utilities prices are also lower than the national average. Transportation costs are low, as many locals rely on their own vehicles or carpooling. Overall, Bantam offers a reasonable quality of life at an affordable price.
   Cost of living score
     CategoriesBantamConnecticutUnited States
  105.9111.8100.0
  106.7106.6100
  111.8118.6100.0
  105.2109.2100.0
  $274,000$362,100$338,100
  118.3%118.5%100.0%
  100.3112.4100.0
  128.4126.8100.0

   100=National Average

   Average Rent by Bedroom Size
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