Zip 06410 (Cheshire, CT) Cost of Living


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How much do I need to live in Cheshire, Connecticut?
$6,720 / month
for a family, 24.4% more expensive than the national average
$4,800 / month
for a single person, 0.7% less expensive than the national average

Cheshire cost of living score
109.2
More expensive
9.2% higher
than the US average
2.3% lower
than the Connecticut average
Cheshire (zip 06410), Connecticut gets a BestPlaces Cost of Living score of 109.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% higher than the U.S. average and 2.3% higher than the average for Connecticut.

Zip 06410 (Cheshire, CT)

Housing costs in Cheshire?
A typical home costs $420,000, which is 24.2% more expensive than the national average of $338,100 and 16.0% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Cheshire 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 Cheshire?
To live comfortably in Cheshire (zip 06410), Connecticut, a minimum annual income of $80,640 for a family, and $57,600 for a single person is recommended.

What does A.I. say about Cheshire?
The cost of living in 06410 Cheshire, CT is quite high compared to other parts of the country. According to the Cost of Living Index (COLI) from Sperling's Best Places, Cheshire's overall cost of living index is rated as 137.8, which indicates that it is 37.8% higher than the national average. Housing costs are particularly expensive in Cheshire, with a median home price of $351,400, almost double the national median home price. Additionally, groceries and healthcare are relatively more expensive than other parts of the country as well. Despite this fact, many people living in Cheshire enjoy its close proximity to New Haven and Yale University which offer a variety of cultural activities and dining options.
   Cost of living score
     CategoriesCheshireConnecticutUnited States
  109.2111.8100.0
  108.4106.6100
  120.5118.6100.0
  130.0109.2100.0
  $420,000$362,100$338,100
  111.8118.5100
  108.1112.4100.0
  122.9126.8100.0

   100=National Average

   Average Rent by Bedroom Size
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