Housing costs in Guilford?
A typical home costs
$504,900, which is 49.3% more expensive than the national average of
$338,100 and 39.4% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Guilford costs
$1,870 per month, which is 30.8% more than the national average of
$1,430 and 11.2% more than the state average of
$1,660.
Can I afford Guilford?
To live comfortably in Guilford, Connecticut, a minimum annual income of
$96,840 for a family, and
$62,000 for a single person is recommended.
What does A.I. say about Guilford?
The cost of living in Guilford, CT is relatively high compared to other places in the US. The median home price in the area is around $400,000, making it one of the most expensive towns in Connecticut. Renting a two-bedroom apartment can be very expensive as well, ranging from $1,200 to $2,000 per month. Groceries and utilities may also be pricey but are still lower than nearby cities such as New Haven. Despite these high costs, residents often find that the benefits of living in Guilford outweigh its expense. The small town charm combined with its convenient location and easy access to larger cities make it an attractive place for many people to live.