Housing costs in Coventry?
A typical home costs
$289,700, which is 14.3% less expensive than the national average of
$338,100 and 20.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Coventry costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 7.1% cheaper than the state average of
$1,660.
Can I afford Coventry?
To live comfortably in Coventry (zip 06238), Connecticut, a minimum annual income of
$55,440 for a family, and
$49,600 for a single person is recommended.
What does A.I. say about Coventry?
Coventry, Connecticut is an affordable place to live with a cost of living slightly lower than the national average. The median household income is around $73,000 and the median home value is around $250,000, making it an attractive place for both raising a family and for retirees. Housing costs are reasonable and accessible due to its proximity to Hartford and Boston. Taxes on property are relatively low while sales tax rates are higher than surrounding towns. Grocery prices are lower than many other areas in Connecticut as well as nationally, while transportation costs can be expensive due to limited public transportation options in the area. Overall, Coventry is an affordable place to live that offers a comfortable lifestyle at a reasonable price.