Housing costs in Danbury?
A typical home costs
$418,600, which is 23.8% more expensive than the national average of
$338,100 and 15.6% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Danbury costs
$1,970 per month, which is 18.7% more than the national average of
$1,660 and 6.6% cheaper than the state average of
$2,100.
Can I afford Danbury?
To live comfortably in Danbury (zip 06811), Connecticut, a minimum annual income of
$80,280 for a family, and
$64,400 for a single person is recommended.
What does A.I. say about Danbury?
Living in the 06811 Danbury, CT area is relatively affordable. According to BestPlaces, the cost of living index is at an average of 105.85, which is slightly higher than the national average. Groceries and restaurant prices are also on par with national averages while housing costs are around 4% lower than the national average. This makes for a comfortable standard of living that allows families to grow and save money. Although real estate prices have been increasing in recent years due to population growth, they are still fairly reasonable compared to other parts of Connecticut or New York City. Additionally, the city provides a variety of amenities including shops, restaurants, parks, and recreation centers.