Zip 06831 (Greenwich, CT) Cost of Living

0 Reviews

Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.

Greenwich cost of living score
More expensive
38.6% higher
than the US average
24.0% higher
than the Connecticut average
Greenwich (zip 06831), Connecticut gets a BestPlaces Cost of Living score of 138.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.6% higher than the U.S. average and 24.0% lower than the average for Connecticut.

Zip 06831 (Greenwich, CT)

Housing costs in Greenwich?
A typical home costs $1,724,300, which is 410.0% more expensive than the national average of $338,100 and 376.2% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Greenwich costs $2,750 per month, which is 92.3% more than the national average of $1,430 and 39.6% more than the state average of $1,660.

Can I afford Greenwich?
To live comfortably in Greenwich (zip 06831), Connecticut, a minimum annual income of $330,480 for a family, and $89,600 for a single person is recommended.

What does A.I. say about Greenwich?
The cost of living in 06831 Greenwich, CT is quite high. According to BestPlaces, the cost of living index in Greenwich is 149.41, more than 33% higher than the national average of 100. Housing costs are particularly expensive in Greenwich with a median home price of $1,427,800 and an average rent for a one-bedroom apartment of $2,169 per month. Groceries also cost significantly more, with 1 liter of milk costing nearly 40% more than the national average and bread at double the national price. Although public transportation is available, most people in Greenwich opt to drive their own vehicles due to the high prices of taxi services. Overall, living in 06831 Greenwich can be quite costly but can be worth it for those who are able to afford it.
   Cost of living score
     CategoriesGreenwichConnecticutUnited States

   100=National Average

   Average Rent by Bedroom Size