Housing costs in Wolcott?
A typical home costs
$310,800, which is 8.1% less expensive than the national average of
$338,100 and 14.2% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Wolcott costs
$1,810 per month, which is 26.6% more than the national average of
$1,430 and 8.3% more than the state average of
$1,660.
Can I afford Wolcott?
To live comfortably in Wolcott (zip 06716), Connecticut, a minimum annual income of
$59,400 for a family, and
$60,000 for a single person is recommended.
What does A.I. say about Wolcott?
The cost of living in 06716 Wolcott, CT is relatively affordable compared to other parts of the state. The median home value is $208,400, which is lower than the state average of $272,400. The average rent for a one-bedroom apartment is $1,100 per month, which is slightly higher than the national average but still much lower than other parts of Connecticut. Utilities are also relatively affordable with an average monthly electric bill of around $101. Groceries and restaurant prices tend to be slightly more expensive than the national averages, but overall the cost of living in 06716 Wolcott, CT remains quite reasonable.