Housing costs in Norwalk?
A typical home costs
$500,000, which is 47.9% more expensive than the national average of
$338,100 and 38.1% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Norwalk costs
$2,440 per month, which is 47.0% more than the national average of
$1,660 and 13.9% more than the state average of
$2,100.
Can I afford Norwalk?
To live comfortably in Norwalk (zip 06851), Connecticut, a minimum annual income of
$95,760 for a family, and
$79,600 for a single person is recommended.
What does A.I. say about Norwalk?
The cost of living in Norwalk, CT (zip code 06851) is fairly high for the region, but still reasonable when compared to other cities in the Northeast. The median home price is $421,400, which is significantly higher than the national average of $215,000. Renting is also quite expensive in Norwalk; the median cost of a one-bedroom apartment is around $1,800 per month. Groceries and transportation costs are also above average for the area due to its proximity to New York City. Despite these high costs, Norwalk remains popular among residents and visitors alike due to its excellent quality of life and close proximity to urban amenities such as shopping, entertainment venues and professional sports teams.