Housing costs in South Lyme?
A typical home costs
$357,300, which is 5.7% more expensive than the national average of
$338,100 and 1.3% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in South Lyme costs
$1,750 per month, which is 22.4% more than the national average of
$1,430 and 5.1% more than the state average of
$1,660.
Can I afford South Lyme?
To live comfortably in South Lyme (zip 06376), Connecticut, a minimum annual income of
$68,400 for a family, and
$56,400 for a single person is recommended.
What does A.I. say about South Lyme?
The cost of living in 06376 South Lyme, CT is fairly high compared to other places in the country. The median house price in this area is around $350,000 which is considerably higher than the national average. Additionally, the unemployment rate for this area is slightly lower than the state average, indicating that there are plenty of job opportunities available for those looking to move here. Groceries and transportation costs are somewhat expensive but overall it's a great place to live with its close proximity to beaches and nearby towns.