Housing costs in Hartford?
A typical home costs
$327,000, which is 3.3% less expensive than the national average of
$338,100 and 9.7% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Hartford costs
$1,410 per month, which is 15.1% cheaper than the national average of
$1,660 and 6.4% cheaper than the state average of
$1,500.
Can I afford Hartford?
To live comfortably in Hartford (zip 06105), Connecticut, a minimum annual income of
$62,640 for a family, and
$45,600 for a single person is recommended.
What does A.I. say about Hartford?
The cost of living in 06105 Hartford, CT is quite high compared to the national average. According to Sperling's Best Places, the overall cost of living index in the area is 123.9, which is 23.9% higher than the U.S. average. Additionally, housing costs in particular are quite expensive with an estimated median home value of $150,400 and rent prices averaging around $949 per month for a one-bedroom apartment (as of April 2020). Groceries and other basic necessities are also more costly than they may be elsewhere, due to the higher cost of living overall.