Housing costs in Bridgeport?
A typical home costs
$299,900, which is 11.3% less expensive than the national average of
$338,100 and 17.2% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Bridgeport costs
$1,720 per month, which is 3.6% more than the national average of
$1,660 and 22.1% cheaper than the state average of
$2,100.
Can I afford Bridgeport?
To live comfortably in Bridgeport (zip 06606), Connecticut, a minimum annual income of
$57,600 for a family, and
$56,000 for a single person is recommended.
What does A.I. say about Bridgeport?
The cost of living in Bridgeport, CT (06606) is relatively high when compared to the rest of the nation. The median home value for this area is around $159,400, well above the national median of $184,700. The median rent for a one bedroom apartment in 06606 is also higher than average at around $1,182 per month. Groceries are similarly expensive with the cost of food items being roughly 7% higher than the national average. Utility costs, including electricity and heating gas, are also slightly more expensive than other parts of the country. In addition to these costs, residents must also pay an 8% sales tax on all goods and services purchased in Bridgeport. All these factors contribute to a slightly higher overall cost of living in 06606 compared to other places in America.