Housing costs in New Preston?
A typical home costs
$575,300, which is 70.2% more expensive than the national average of
$338,100 and 58.9% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in New Preston costs
$1,650 per month, which is 15.4% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford New Preston?
To live comfortably in New Preston (zip 06777), Connecticut, a minimum annual income of
$110,160 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about New Preston?
New Preston, CT is an affluent community located in Litchfield County. The cost of living in this rural area is significantly higher than the national average. According to bestplaces.net, the cost of living index for 06777 is 123.3, which is 23% higher than the U.S. average of 100. Housing costs are particularly high in New Preston, with a median home value of $828,800 as of 2020 and median rent prices coming in at $2,400 per month for a two-bedroom apartment. Groceries, health care, and transportation costs all tend to be pricier here too. Despite this high cost of living, many people choose to live in New Preston due to its natural beauty and quaint small-town atmosphere.