Housing costs in Bridgeport-Stamford-Norwalk?
A typical home costs
$552,700, which is 63.5% more expensive than the national average of
$338,100 and 52.6% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Bridgeport-Stamford-Norwalk costs
$2,100 per month, which is 46.9% more than the national average of
$1,430 and 21.0% more than the state average of
$1,660.
Can I afford Bridgeport-Stamford-Norwalk?
To live comfortably in Bridgeport-Stamford-Norwalk Connecti Metro Area, Connecticut, a minimum annual income of
$105,840 for a family, and
$68,400 for a single person is recommended.
What does A.I. say about Bridgeport-Stamford-Norwalk?
The cost of living in Bridgeport-Stamford-Norwalk, CT Metro Area is significantly higher than the US average. The median house value in this area is $552,700, which is over 60% more than the US average of $338,100. This is reflected in the cost of living index for this metro area, which stands at 137.6 compared to the US average of 100. Housing and other costs are much higher here than in other parts of the US, making it an expensive place to live.