Cost of Living in Middletown, CT
Housing
The housing market plays a significant role in determining the cost of living in Middletown, CT.
- Housing Index: 120.0 / 100
- Median Home Price is: $296500
- Average Rent (2 BR Apartment): $1800 per month
- Average Rent (2 BR House): $1840 per month
When considering a move to Middletown, CT, the housing index stands at 120.0, indicating that property costs are above the national average. With a median home price of 296500, the market leans towards affordability for potential homeowners, while the average rent for a 2-bedroom apartment and house is relatively high at 1800 and 1840, respectively. Keep in mind that local amenities, the job market, and overall quality of life in Middletown can greatly influence your decision. Analyzing your financial readiness alongside these parameters is crucial to making the right choice.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Middletown, CT.
- Electricity Price: 26 USD (median by state)
- Natural Gas Price: $None USD per Thousand Cubic Feet (median by state)
- Other Utilities (water, garbage, etc.): $250 per month
Living in Middletown, CT could entail higher utility costs. Electricity costs sit at 26, while natural gas is priced at None 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 Middletown is a financially viable option for your relocation.