Housing costs in Canterbury?
A typical home costs
$317,300, which is 6.2% less expensive than the national average of
$338,100 and 12.4% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Canterbury costs
$1,800 per month, which is 25.9% more than the national average of
$1,430 and 7.8% more than the state average of
$1,660.
Can I afford Canterbury?
To live comfortably in Canterbury (zip 06331), Connecticut, a minimum annual income of
$60,840 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Canterbury?
The cost of living in Canterbury, CT (06331) is relatively high. The median home value is around $236,200 and the median rent price for a two-bedroom apartment is around $1,379 per month. Grocery costs are higher than average compared to other cities in Connecticut. Utility costs are also on the more expensive side with an average monthly electricity bill costing around $117 and an average natural gas bill of about $48 per month. Transportation costs in the area are below the national average, however, with a gallon of gas costing around $2.50 on average. Overall, the cost of living in Canterbury is higher than in other parts of Connecticut but still within reach for many people.