Housing costs in Derby?
A typical home costs
$269,100, which is 20.4% less expensive than the national average of
$338,100 and 25.7% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Derby costs
$1,430 per month, which is 13.9% cheaper than the national average of
$1,660 and 9.8% cheaper than the state average of
$1,570.
Can I afford Derby?
To live comfortably in Derby (zip 06418), Connecticut, a minimum annual income of
$51,480 for a family, and
$47,200 for a single person is recommended.
What does A.I. say about Derby?
The cost of living in 06418 Derby, CT is quite reasonable compared to other parts of the country. The median household income is $65,873, while the median home value sits at $219,300. This means that the majority of households can afford a home in Derby without breaking the bank. Additionally, groceries and other necessities cost an average of 10-15% less than they do in other places around the country. This makes Derby a great place to call home and enjoy all of the benefits that come with it!