Housing costs in Canton Center?
A typical home costs
$312,700, which is 7.5% less expensive than the national average of
$338,100 and 13.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Canton Center costs
$1,530 per month, which is 7.0% more than the national average of
$1,430 and 8.5% cheaper than the state average of
$1,660.
Can I afford Canton Center?
To live comfortably in Canton Center (zip 06020), Connecticut, a minimum annual income of
$59,760 for a family, and
$49,200 for a single person is recommended.
What does A.I. say about Canton Center?
Canton Center, CT's cost of living is slightly higher than the national average. The median household income in Canton Center is $100,625, which is significantly higher than the U.S. average of $61,937. The median home value in Canton Center is $370,400, which is almost three times the national average of $184,700. Renters can expect to pay about the same as the U.S. average for a one bedroom apartment; however, two and three bedroom apartments tend to be more expensive in Canton Center due to their relative scarcity. Groceries and healthcare are also priced slightly above the national average but utilities are relatively cheaper than most other places in Connecticut. In summary, although it is still possible to live comfortably on an average income in Canton Center, residents need to be prepared to pay slightly more for certain necessities.