Housing costs in Hamden?
A typical home costs
$304,300, which is 10.0% less expensive than the national average of
$338,100 and 16.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Hamden costs
$1,520 per month, which is 6.3% more than the national average of
$1,430 and 9.2% cheaper than the state average of
$1,660.
Can I afford Hamden?
To live comfortably in Hamden (zip 06517), Connecticut, a minimum annual income of
$58,320 for a family, and
$50,400 for a single person is recommended.
What does A.I. say about Hamden?
Living in 06517 Hamden, CT is quite affordable compared to the rest of the state. The cost of living index for the area is well below the national average, and housing prices are relatively reasonable. Recent census data shows that the median home value in Hamden is around $200,000, which is significantly lower than other parts of Connecticut. Additionally, basic necessities such as food and utilities tend to be less expensive than those in larger cities. All of these factors make Hamden an ideal place for people looking to save money while still having access to necessary amenities.