Housing costs in Essex Village?
A typical home costs
$586,900, which is 73.6% more expensive than the national average of
$338,100 and 62.1% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Essex Village costs
$1,740 per month, which is 21.7% more than the national average of
$1,430 and 4.6% more than the state average of
$1,660.
Can I afford Essex Village?
To live comfortably in Essex Village (zip 06426), Connecticut, a minimum annual income of
$112,320 for a family, and
$54,800 for a single person is recommended.
What does A.I. say about Essex Village?
The cost of living in 06426 Essex Village, CT is fairly high compared to the national average. The median home price in this area is approximately $333,000, and rentals can range anywhere from $1,400 to $2,200 per month depending on size and location. Groceries and healthcare are also more expensive than average for the region. On the other hand, utilities are relatively inexpensive in 06426 Essex Village as the local electricity provider has some of the lowest rates in the country. All in all, living in 06426 Essex Village may be costly but is still very much worth it for its great quality of life and amenities.