Housing costs in Stamford?
A typical home costs
$439,600, which is 30.0% more expensive than the national average of
$338,100 and 21.4% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Stamford costs
$2,540 per month, which is 53.0% more than the national average of
$1,660 and 17.3% more than the state average of
$2,100.
Can I afford Stamford?
To live comfortably in Stamford (zip 06901), Connecticut, a minimum annual income of
$84,240 for a family, and
$82,800 for a single person is recommended.
What does A.I. say about Stamford?
The cost of living in 06901 Stamford, CT is amongst the highest in the nation. According to the Cost of Living Index, Stamford has a score of 157.7, making it more expensive than 95% of all other cities in the US. Rent and utilities are especially high, with rent for a one-bedroom apartment averaging $2,100 per month. Groceries and transportation are also quite costly in Stamford, with an average grocery bill at around $450 each month and public transportation costing $2.75 per ride. Despite these higher costs, Stamford offers many amenities which make living there worthwhile to many people.