Housing costs in East Lyme?
A typical home costs
$455,800, which is 34.8% more expensive than the national average of
$338,100 and 25.9% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in East Lyme costs
$1,840 per month, which is 28.7% more than the national average of
$1,430 and 9.8% more than the state average of
$1,660.
Can I afford East Lyme?
To live comfortably in East Lyme (zip 06333), Connecticut, a minimum annual income of
$87,480 for a family, and
$59,600 for a single person is recommended.
What does A.I. say about East Lyme?
The cost of living in 06333 East Lyme, CT is higher than the national average. According to BestPlaces, the cost of living index in East Lyme is 137.6, which is 37.6% higher than the U.S. average. Housing costs are particularly high in this region, with a median home value of $321,400 and an average rental price of $1,618 per month for a one-bedroom apartment. Grocery prices are also above average due to the abundance of specialty shops carrying unique organic and gourmet products. In order to live comfortably in East Lyme, it’s important to have financial resources available or plan ahead to make sure necessary expenses can be covered each month.