Housing costs in Simsbury?
A typical home costs
$421,800, which is 24.8% more expensive than the national average of
$338,100 and 16.5% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Simsbury costs
$1,950 per month, which is 36.4% more than the national average of
$1,430 and 14.9% more than the state average of
$1,660.
Can I afford Simsbury?
To live comfortably in Simsbury (zip 06070), Connecticut, a minimum annual income of
$80,640 for a family, and
$62,800 for a single person is recommended.
What does A.I. say about Simsbury?
The cost of living in 06070 Simsbury, CT is a bit higher than the national average. The median home value in this area is about $319,159, which is more expensive than the national median of $175,700. As for groceries and other essentials, prices are higher than the national average as well. However, when it comes to utilities, residents can enjoy some relief as they are lower than the US average. All in all, this area has a higher cost of living compared to other parts of Connecticut and much of the United States.