Housing costs in Cornwall Bridge?
A typical home costs
$459,200, which is 35.8% more expensive than the national average of
$338,100 and 26.8% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Cornwall Bridge costs
$1,410 per month, which is 1.4% cheaper than the national average of
$1,430 and 17.7% cheaper than the state average of
$1,660.
Can I afford Cornwall Bridge?
To live comfortably in Cornwall Bridge (zip 06754), Connecticut, a minimum annual income of
$87,840 for a family, and
$43,600 for a single person is recommended.
What does A.I. say about Cornwall Bridge?
The cost of living in 06754 Cornwall Bridge, CT is fairly moderate compared to other parts of the country. The median home value is roughly $293,500 which is higher than the national median of $229,700 but lower than nearby areas like Westport and Wilton. Property taxes are also low at 1.5% making the area more affordable for those who plan to stay long term. Renting rates are also quite reasonable, with a typical one bedroom apartment costing around $1200 per month. Overall, when taking into consideration both rent and home prices, it is clear that this area offers a relatively affordable cost of living despite its close proximity to affluent neighborhoods.