Housing costs in Waterford?
A typical home costs
$344,500, which is 1.9% more expensive than the national average of
$338,100 and 4.9% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Waterford costs
$1,710 per month, which is 19.6% more than the national average of
$1,430 and 2.9% more than the state average of
$1,660.
Can I afford Waterford?
To live comfortably in Waterford (zip 06385), Connecticut, a minimum annual income of
$65,880 for a family, and
$55,200 for a single person is recommended.
What does A.I. say about Waterford?
The cost of living in 06385 Waterford, CT is slightly higher than the national average. This is because of the proximity to larger cities like New York and Boston, which drive up housing costs. The median home value in Waterford is $252,400, which is significantly higher than the U.S. median home value of $184,700. Other factors such as transportation costs and food prices can also be slightly higher due to the increased demand from tourists visiting the area during peak season.