Housing costs in Stamford?
A typical home costs
$618,400, which is 82.9% more expensive than the national average of
$338,100 and 70.8% more expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Stamford costs
$2,780 per month, which is 67.5% more than the national average of
$1,660 and 24.5% more than the state average of
$2,100.
Can I afford Stamford?
To live comfortably in Stamford (zip 06905), Connecticut, a minimum annual income of
$118,440 for a family, and
$90,400 for a single person is recommended.
What does A.I. say about Stamford?
The cost of living in 06905 Stamford, CT is higher than the national average. In particular, housing costs are significantly more expensive. The median home value in 06905 is $485,500 compared to the US median home value of $231,200. Other necessities such as food and transportation are also more expensive in Stamford. The overall cost of living index for Stamford is 131.2 which is 30% higher than the national average of 100. For those looking to live close to New York City but don't want to pay city prices, Stamford can be a great option with its high quality of life and convenient location.