Housing costs in Manchester?
A typical home costs
$253,000, which is 25.2% less expensive than the national average of
$338,100 and 30.1% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Manchester costs
$1,910 per month, which is 33.6% more than the national average of
$1,430 and 13.1% more than the state average of
$1,660.
Can I afford Manchester?
To live comfortably in Manchester (zip 06042), Connecticut, a minimum annual income of
$48,600 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Manchester?
The cost of living in Manchester, CT (06042) is relatively high. According to BestPlaces’s Cost of Living Index, Manchester ranks #159 out of all US cities surveyed. This makes it more expensive than the national average by nearly 15%. Rent prices are particularly high, with a one-bedroom apartment downtown costing an average of $1,054 a month. Groceries and restaurant meals will also add up quickly, with prices about 10% higher than the national average for both categories. Despite the higher costs associated with living in Manchester, CT, residents enjoy a low unemployment rate and many jobs that offer competitive wages.