Cost of Living in Danbury, CT
Housing
The housing market plays a significant role in determining the cost of living in Danbury, CT.
- Housing Index: 125.0 / 100
- Median Home Price is: $386,900
- Average Rent (2 BR Apartment): $1900 per month
- Average Rent (2 BR House): $1936 per month
When analyzing the housing situation in Danbury, CT, the housing index stands at 125.0, indicating that the area is more expensive than the national average. Additionally, the median home price of 386900 suggests a competitive real estate market. With average rents for a two-bedroom apartment at 1900 and for a house at 1936, budgeting for housing is essential. Potential buyers and renters should consider local job opportunities and amenities in tandem with these costs, ensuring informed decision-making for a smooth relocation experience.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Danbury, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $280 per month
Living in Danbury, 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 $280 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 Danbury is a financially viable option for your relocation.