Zip 06438 (Haddam, CT) Cost of Living


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Haddam cost of living score
114.4
More expensive
14.4% higher
than the US average
2.3% higher
than the Connecticut average
Haddam (zip 06438), Connecticut gets a BestPlaces Cost of Living score of 114.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% higher than the U.S. average and 2.3% lower than the average for Connecticut.

Zip 06438 (Haddam, CT)

Housing costs in Haddam?
A typical home costs $389,800, which is 15.3% more expensive than the national average of $338,100 and 7.6% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Haddam costs $1,100 per month, which is 23.1% cheaper than the national average of $1,430 and 50.9% cheaper than the state average of $1,660.

Can I afford Haddam?
To live comfortably in Haddam (zip 06438), Connecticut, a minimum annual income of $74,520 for a family, and $34,800 for a single person is recommended.

What does A.I. say about Haddam?
The cost of living in 06438 Haddam, CT is relatively high, with the average home costing close to $300,000. The median household income is also high at $96,862 compared to the state average of $69,050. The area has a low unemployment rate and a higher than average median rent due to its proximity to major cities like Hartford and New Haven. Healthcare costs are slightly higher than national averages. Despite the high costs associated with living in this area, there are numerous job opportunities available for those who wish to stay here.
   Cost of living score
     CategoriesHaddamConnecticutUnited States
  114.4111.8100.0
  107.9106.6100
  119.5118.6100.0
  120.2109.2100.0
  $389,800$362,100$338,100
  118.4%118.5%100.0%
  110.0112.4100.0
  146.1126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime