Cost of Living in New britain, CT
Housing
The housing market plays a significant role in determining the cost of living in New britain, CT.
- Housing Index: 115.0 / 100
- Median Home Price is: $302,000
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1857 per month
Considering relocating to New britain, CT? With a housing index of 115.0, this location is slightly above the national average, indicating a competitive real estate market. The median home price stands at 302000, which may suggest an investment opportunity. Renting options showcase an average of 1800 for a 2-bedroom apartment and 1857 for a 2-bedroom house, providing flexibility for those not ready to buy. Additionally, take a moment to assess proximity to amenities, schools, and overall cost of living which can heavily influence your final decision.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in New britain, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in New britain, CT could entail higher utility costs. Electricity costs sit at $26, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $250 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if New britain is a financially viable option for your relocation.