Housing costs in Waterbury?
A typical home costs
$233,300, which is 31.0% less expensive than the national average of
$338,100 and 35.6% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Waterbury costs
$1,340 per month, which is 19.3% cheaper than the national average of
$1,660 and 17.2% cheaper than the state average of
$1,570.
Can I afford Waterbury?
To live comfortably in Waterbury (zip 06708), Connecticut, a minimum annual income of
$44,640 for a family, and
$44,400 for a single person is recommended.
What does A.I. say about Waterbury?
The cost of living in 06708 Waterbury, CT is relatively affordable compared to other parts of the country. In the city, the overall cost of living index is 88.2, which is 12% lower than the national average. Essential expenses like food and healthcare are also below average in comparison to other US cities. Rent prices for a one bedroom apartment average around $800 per month, making this area quite affordable for those on a budget. Overall, Waterbury offers a good balance between affordability and available amenities to its residents.