Housing costs in Meriden?
A typical home costs
$233,400, which is 31.0% less expensive than the national average of
$338,100 and 35.5% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Meriden costs
$1,470 per month, which is 11.4% cheaper than the national average of
$1,660 and 6.8% cheaper than the state average of
$1,570.
Can I afford Meriden?
To live comfortably in Meriden (zip 06450), Connecticut, a minimum annual income of
$44,640 for a family, and
$48,400 for a single person is recommended.
What does A.I. say about Meriden?
The cost of living in 06450 Meriden, CT is relatively low compared to other areas of the country. According to Bestplaces.net, the median home value is $201,400 and the median household income is $58,132. The overall cost of living index is 106.7 which is 6.7% higher than the national average. Utility costs are low and transportation costs are generally reasonable with public transit available in the area. Groceries, healthcare, and miscellaneous expenses are all fairly priced for residents of 06450 Meriden, CT as well. With a variety of housing options and an overall moderate cost of living, this area makes a great place to call home!