Housing costs in Stonington?
A typical home costs
$598,900, which is 77.1% more expensive than the national average of
$338,100 and 65.4% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Stonington costs
$1,680 per month, which is 17.5% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford Stonington?
To live comfortably in Stonington (zip 06378), Connecticut, a minimum annual income of
$114,840 for a family, and
$54,400 for a single person is recommended.
What does A.I. say about Stonington?
The cost of living in 06378 Stonington, CT is relatively expensive compared to other parts of Connecticut and the United States. The median home value in 06378 is around $386,400 and the median rent for a one-bedroom apartment costs around $1,560 per month. Other expenses such as utilities, groceries, and transportation are all slightly above average for the area. Despite being more expensive than most cities, Stonington offers an excellent quality of life with its charming New England aesthetic and access to nature preserves like Mystic Seaport State Park. Residents of Stonington enjoy a variety of amenities, without sacrificing too much in terms of cost of living.