Housing costs in Waterbury?
A typical home costs
$301,400, which is 10.9% less expensive than the national average of
$338,100 and 16.8% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Waterbury costs
$1,120 per month, which is 32.5% cheaper than the national average of
$1,660 and 40.2% cheaper than the state average of
$1,570.
Can I afford Waterbury?
To live comfortably in Waterbury (zip 06702), Connecticut, a minimum annual income of
$57,600 for a family, and
$36,800 for a single person is recommended.
What does A.I. say about Waterbury?
The cost of living in 06702 Waterbury, CT is generally considered to be quite moderate. Compared to other cities in Connecticut, the cost of groceries, housing, and transportation are all slightly below the state average. Additionally, taxes are relatively low in Waterbury, making it an attractive option for potential residents. Those looking to purchase a home in Waterbury can find a 3-bedroom house for around $170K on average, which is far lower than many of its neighboring cities. Overall, Waterbury offers a great balance between affordability and quality of life.