Housing costs in Stamford?
A typical home costs
$872,800, which is 158.1% more expensive than the national average of
$338,100 and 141.0% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Stamford costs
$3,850 per month, which is 131.9% more than the national average of
$1,660 and 45.5% more than the state average of
$2,100.
Can I afford Stamford?
To live comfortably in Stamford (zip 06903), Connecticut, a minimum annual income of
$167,400 for a family, and
$125,600 for a single person is recommended.
What does A.I. say about Stamford?
The cost of living in 06903 Stamford, CT is significantly higher than the national average. Housing costs are especially high due to the city's close proximity to New York City and Boston. The average rent for a two-bedroom apartment is about $2,000 a month. Groceries, utilities, and transportation also tend to take up a significant part of a family's budget. Although living in Stamford may be expensive, there are many unique benefits that make it worth the price such as its diverse culture, excellent schools, limitless entertainment options, and vibrant job opportunities.