Zip 06098 (Winsted, CT) Cost of Living


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How much do I need to live in Winsted, Connecticut?
$3,750 / month
for a family, 30.6% less expensive than the national average A total of $45,000 for the year for a family.
$3,500 / month
for a single person, 26.6% less expensive than the national average A total of $42,000 for the year for a single person.

Winsted cost of living score
105.9
More expensive
5.9% higher
than the US average
5.3% lower
than the Connecticut average
Winsted (zip 06098), Connecticut gets a BestPlaces Cost of Living score of 105.9, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 5.9% higher than the U.S. average and 5.3% higher than the average for Connecticut.

Zip 06098 (Winsted, CT)

Housing costs in Winsted?
A typical home costs $234,200, which is 30.7% less expensive than the national average of $338,100 and 35.3% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Winsted costs $1,360 per month, which is 4.9% cheaper than the national average of $1,430 and 22.1% cheaper than the state average of $1,660.

Can I afford Winsted?
To live comfortably in Winsted (zip 06098), Connecticut, a minimum annual income of $45,000 for a family, and $42,000 for a single person is recommended.

What does A.I. say about Winsted?
The cost of living in 06098 Winsted, CT is relatively high compared to other US cities. The median home value is $165,800, which is higher than the national median of $184,700. The median rent price in Winsted is also higher than the US average at $1,159 per month. Utilities and healthcare costs are also above average. On top of these basic expenses, transportation and grocery costs can add up quickly due to the area's remote location. Despite these added costs, many people find that living in Winsted is worth the premium due to its natural beauty and sense of community.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWinstedConnecticutUnited States
    Unlock111.8100.0
  104.0  Unlock100.0
    Unlock118.6100.0
  72.1  Unlock100.0
    Unlock$362,100$338,100
  118.7  Unlock100.0
    Unlock112.4100.0
  128.6  Unlock100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Winsted
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2021... A *LOT* has happened in Winsted in 6 years... New Harvard educated Town Manager who's put his heart and soul into the betterment of Winsted... New Police Chief  More

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