Housing costs in Norwalk?
A typical home costs
$569,600, which is 68.5% more expensive than the national average of
$338,100 and 57.3% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Norwalk costs
$2,300 per month, which is 38.6% more than the national average of
$1,660 and 8.7% more than the state average of
$2,100.
Can I afford Norwalk?
To live comfortably in Norwalk (zip 06855), Connecticut, a minimum annual income of
$109,080 for a family, and
$74,800 for a single person is recommended.
What does A.I. say about Norwalk?
The cost of living in 06855 Norwalk, CT is quite high. According to the Cost of Living Index, Norwalk is ranked as one of the most expensive cities to live in Connecticut. The overall index score for 06855 Norwalk is 103.2 which is higher than the national average of 100. Housing costs make up a large portion of this index score and are significantly higher than other parts of Connecticut and the United States. On average, renting an apartment in Norwalk will cost around $1800 per month and buying a home can be upwards of $800,000. Despite its high cost of living, many people find that the tradeoff is worth it due to all the amenities that Norwalk has to offer as well as its close proximity to NYC.