Housing costs in Southbury?
A typical home costs
$373,600, which is 10.5% more expensive than the national average of
$338,100 and 3.2% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Southbury costs
$2,110 per month, which is 47.6% more than the national average of
$1,430 and 21.3% more than the state average of
$1,660.
Can I afford Southbury?
To live comfortably in Southbury (zip 06488), Connecticut, a minimum annual income of
$71,640 for a family, and
$70,000 for a single person is recommended.
What does A.I. say about Southbury?
The cost of living in 06488 Southbury, CT is quite high compared to other parts of the country. The median home price is currently around $340,000 and has been increasing over the past few years. In addition, while state taxes may not be as high as some other states, they are still high when compared with national averages. The unemployment rate for this area is also higher than the national average at around 4%. With all these factors considered, it's clear that living in Southbury can be a costly proposition.