Zip 06776 (New Milford, CT) Cost of Living

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New Milford cost of living score
More expensive
5.9% higher
than the US average
5.3% lower
than the Connecticut average
New Milford (zip 06776), Connecticut gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Connecticut.

Zip 06776 (New Milford, CT)

Housing costs in New Milford?
A typical home costs $379,300, which is 12.2% more expensive than the national average of $338,100 and 4.8% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in New Milford costs $1,730 per month, which is 21.0% more than the national average of $1,430 and 4.0% more than the state average of $1,660.

Can I afford New Milford?
To live comfortably in New Milford (zip 06776), Connecticut, a minimum annual income of $72,720 for a family, and $53,200 for a single person is recommended.

What does A.I. say about New Milford?
The cost of living in 06776 New Milford, CT is above the national average. The median home value in this zip code is $272,700, significantly higher than the national median of $184,700. Additionally, rental prices are also higher than the national average. The median rent for a two bedroom apartment in 06776 is around $1,527 per month while the national average is around $1,095 per month. Despite the higher costs of living in New Milford, it remains an attractive place to live due to its beautiful surroundings and rich cultural atmosphere.
   Cost of living score
     CategoriesNew MilfordConnecticutUnited States

   100=National Average

   Average Rent by Bedroom Size
Reviews for New Milford
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Over 13 years ago

Since moving here 3 yrs ago the only time I hear or see the police is for a minor traffic stop or reporting to the scene of an accident which is not that often people  More

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