Zip 06870 (Old Greenwich, CT) Cost of Living


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Old Greenwich cost of living score
138.6
More expensive
38.6% higher
than the US average
24.0% higher
than the Connecticut average
Old Greenwich (zip 06870), Connecticut gets a BestPlaces Cost of Living score of 138.6, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 38.6% higher than the U.S. average and 24.0% lower than the average for Connecticut.

Zip 06870 (Old Greenwich, CT)

Housing costs in Old Greenwich?
A typical home costs $1,793,200, which is 430.4% more expensive than the national average of $338,100 and 395.2% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Old Greenwich costs $2,950 per month, which is 106.3% more than the national average of $1,430 and 43.7% more than the state average of $1,660.

Can I afford Old Greenwich?
To live comfortably in Old Greenwich (zip 06870), Connecticut, a minimum annual income of $343,440 for a family, and $96,400 for a single person is recommended.

What does A.I. say about Old Greenwich?
Old Greenwich, CT is a desirable area to live due to its close proximity to New York City, its luxurious amenities, and its peaceful suburban atmosphere. The cost of living in 06870 Old Greenwich, however, is not cheap. It has one of the highest median home prices in the country at over $1 million and rental prices can also be quite expensive. Additionally, food costs tend to be higher than average as it is a wealthy area with many high-end restaurants. Despite the high cost of living in 06870 Old Greenwich, CT, it remains an attractive option for those who can afford the lifestyle and enjoy being close to New York City at the same time.
   Cost of living score
     CategoriesOld GreenwichConnecticutUnited States
  138.6111.8100.0
  118.3106.6100
  126.8118.6100.0
  560.0109.2100.0
  $1,793,200$362,100$338,100
  121.9%118.5%100.0%
  139.2112.4100.0
  161.5126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Old Greenwich
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Over 16 years ago

The leafy suburbs of Greenwich CT are ideal for bringing up children in an outdoor and healthy lifestyle. Safe streets, lovely beaches, parks and playgrounds, family  More

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