Housing costs in Middlebury?
A typical home costs
$415,300, which is 22.8% more expensive than the national average of
$338,100 and 14.7% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Middlebury costs
$1,540 per month, which is 7.7% more than the national average of
$1,430 and 7.8% cheaper than the state average of
$1,660.
Can I afford Middlebury?
To live comfortably in Middlebury (zip 06762), Connecticut, a minimum annual income of
$79,560 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Middlebury?
The cost of living in 06762 Middlebury, CT is relatively high compared to most areas of the United States. The current median home value for this zip code is $470,900, which is significantly higher than the national average of $219,700. The median household income is at an impressive $166,109, more than double the national average. In addition to housing costs, other living expenses such as food and transportation are also above the national averages. Despite these higher costs, 06762 Middlebury remains a desirable area due to its excellent school system and close proximity to New York City and other major cities in Connecticut.