Housing costs in Branford?
A typical home costs
$381,300, which is 12.8% more expensive than the national average of
$338,100 and 5.3% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Branford costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 5.1% more than the state average of
$1,660.
Can I afford Branford?
To live comfortably in Branford (zip 06405), Connecticut, a minimum annual income of
$73,080 for a family, and
$57,600 for a single person is recommended.
What does A.I. say about Branford?
The cost of living in Branford, Connecticut is relatively high. According to a 2018 study by the Council for Community and Economic Research, Branford ranked as the sixth most expensive zip code in Connecticut due to its high housing costs. Despite this, there are still plenty of affordable options available in Branford. Apartment rentals range from moderately priced one-bedrooms to luxurious multi-bedroom residences. In addition, groceries and utilities tend to be on the lower end of the spectrum compared to other cities in the state due to competitive pricing and a wide selection of local businesses. All in all, while living in Branford may come with a higher price tag than some other towns, it's still an attractive place for those seeking a quality lifestyle at an affordable cost.