Housing costs in New Britain?
A typical home costs
$228,900, which is 32.3% less expensive than the national average of
$338,100 and 36.8% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in New Britain costs
$1,350 per month, which is 5.6% cheaper than the national average of
$1,430 and 23.0% cheaper than the state average of
$1,660.
Can I afford New Britain?
To live comfortably in New Britain, Connecticut, a minimum annual income of
$43,920 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about New Britain?
New Britain, Connecticut has a cost of living index rating slightly higher than that if the nation at 104 due largely to its relatively high housing costs making up 44%, transportation at 11%, groceries (11%), utilities (6%) and healthcare making 7%. Although utility costs remain relatively high due largely to expensive power sources such as coal or nuclear energy most other categories are either on par or even below average providing citizens with an overall moderate cost of living compared with almost anywhere else in America whilst having access similar amenities found citywide from whatever municipality they call home.