Housing costs in Putnam?
A typical home costs
$262,700, which is 22.3% less expensive than the national average of
$338,100 and 27.5% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Putnam costs
$1,320 per month, which is 7.7% cheaper than the national average of
$1,430 and 25.8% cheaper than the state average of
$1,660.
Can I afford Putnam?
To live comfortably in Putnam (zip 06260), Connecticut, a minimum annual income of
$50,400 for a family, and
$40,000 for a single person is recommended.
What does A.I. say about Putnam?
The cost of living in Putnam, CT (06260) is relatively affordable. The median home value is about $149,000 and the average rent price is around $970 per month. Utilities such as gas and electricity are comparable to the national average, and groceries tend to be slightly cheaper than other parts of Connecticut. Overall, Putnam offers an affordable and comfortable life for its residents with many amenities close by.