Housing costs in Monroe?
A typical home costs
$466,900, which is 38.1% more expensive than the national average of
$338,100 and 28.9% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Monroe costs
$1,700 per month, which is 18.9% more than the national average of
$1,430 and 2.4% more than the state average of
$1,660.
Can I afford Monroe?
To live comfortably in Monroe (zip 06468), Connecticut, a minimum annual income of
$89,640 for a family, and
$55,600 for a single person is recommended.
What does A.I. say about Monroe?
The cost of living in 06468 Monroe, CT is relatively high. According to BestPlaces, the average home costs around $407,500, which is higher than the national average of $231,200. Additionally, utilities costs are about 5% higher than the national average while transportation costs are 2% higher than the rest of the United States. Despite these high costs, Monroe still offers a great quality of life with low crime rates and an excellent public school system. Furthermore, residents also benefit from a variety of shopping centers and restaurants as well as a range of recreational activities that make living here worthwhile.