Housing costs in Norfolk?
A typical home costs
$415,100, which is 22.8% more expensive than the national average of
$338,100 and 14.6% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Norfolk costs
$1,370 per month, which is 4.2% cheaper than the national average of
$1,430 and 21.2% cheaper than the state average of
$1,660.
Can I afford Norfolk?
To live comfortably in Norfolk (zip 06058), Connecticut, a minimum annual income of
$79,560 for a family, and
$42,400 for a single person is recommended.
What does A.I. say about Norfolk?
The cost of living in 06058 Norfolk, CT is relatively high compared to the national average. The median home value in the area is $269,800, more than double the national median home value of $184,700. The median household income for 06058 is $90,336, significantly higher than the nationwide median household income of $61,937. Additionally, the overall cost of goods and services in 06058 is about 18 percent higher than the national average. Despite this high cost of living, many residents cite the strong sense of community and quality local amenities as reasons for choosing to call it home.