Housing costs in Norwich?
A typical home costs
$217,400, which is 35.7% less expensive than the national average of
$338,100 and 40.0% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Norwich costs
$1,330 per month, which is 19.9% cheaper than the national average of
$1,660 and 9.8% cheaper than the state average of
$1,460.
Can I afford Norwich?
To live comfortably in Norwich (zip 06360), Connecticut, a minimum annual income of
$41,760 for a family, and
$42,800 for a single person is recommended.
What does A.I. say about Norwich?
The cost of living in 06360 Norwich, CT is quite reasonable. Prices for housing and services such as utilities are comparably lower than the national average. Groceries, transportation, and healthcare costs also remain relatively low. In addition, there are no state sales taxes or income taxes in Connecticut that can further add to the overall cost of living in 06360 Norwich. As a result, this area provides an attractive option for those looking for affordable living in a New England town with plenty of amenities and activities available.