Housing costs in Wolcott?
A typical home costs
$308,200, which is 8.8% less expensive than the national average of
$338,100 and 14.9% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Wolcott costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 8.3% more than the state average of
$1,660.
Can I afford Wolcott?
To live comfortably in Wolcott, Connecticut, a minimum annual income of
$59,040 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Wolcott?
The cost of living in Wolcott, CT is relatively low compared to other parts of the state. The median home value in Wolcott sits at just over $200,000, making it an affordable option for families and individuals looking to purchase a home. Additionally, groceries are about 8% lower than the national average, with items like milk and eggs costing significantly less. Property taxes on these homes are low as well, with an average rate of 1.9%. All-in-all, living in Wolcott is an affordable choice for those looking for a place to call home.