Housing costs in Hartford?
A typical home costs
$335,200, which is 0.9% less expensive than the national average of
$338,100 and 7.4% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Hartford costs
$1,970 per month, which is 18.7% more than the national average of
$1,660 and 23.9% more than the state average of
$1,500.
Can I afford Hartford?
To live comfortably in Hartford (zip 06103), Connecticut, a minimum annual income of
$64,080 for a family, and
$63,600 for a single person is recommended.
What does A.I. say about Hartford?
The cost of living in 06103 Hartford, CT is much higher than the national average. According to BestPlaces, the overall cost of living index for this area is 153.8, which is over 50% higher than the U.S. average of 100. Housing costs are especially high, with a median home value of $198,400 and median rent price of $1,186 per month. The average grocery bill in this area also tends to be higher than the national average due to its proximity to New York City and Boston. Although the cost of living in 06103 Hartford is expensive, it offers a variety of amenities that can make it worth its cost for some people.