Housing costs in Redding?
A typical home costs
$677,800, which is 100.5% more expensive than the national average of
$338,100 and 87.2% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Redding costs
$2,930 per month, which is 104.9% more than the national average of
$1,430 and 43.3% more than the state average of
$1,660.
Can I afford Redding?
To live comfortably in Redding (zip 06896), Connecticut, a minimum annual income of
$129,960 for a family, and
$95,600 for a single person is recommended.
What does A.I. say about Redding?
The cost of living in 06896 Redding, CT is relatively high compared to the national average. According to BestPlaces, the cost of living index is rated at 115.86, which is 15.86% higher than the U.S. average. Housing costs are also quite high with a median home value of $372,629 and median rent prices at $1,541 per month. Groceries and utilities may be slightly more expensive than other areas in the country but overall transportation costs and healthcare costs are lower than many other areas in Connecticut.