Cost of Living in Waterford, CT
Housing
The housing market plays a significant role in determining the cost of living in Waterford, CT.
- Housing Index: Data is updating
- Median Home Price is: $362,500
- Average Rent (2 BR Apartment): Data is updating
- Average Rent (2 BR House): Data is updating
Analyzing the housing data for Waterford, CT reveals a median home price of 362500, which suggests a potentially robust market. However, with a housing index of 0.0, and average rents for 2-bedroom apartments and houses at 0.0 and 0.0 respectively, it appears that rental options may be either non-existent or not yet defined. It's important to evaluate local amenities, job opportunities, and community features, as these factors also heavily impact your living experience in Waterford. Consider reaching out to local real estate experts for deeper insights.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Waterford, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): Data is updating
Living in Waterford, 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 data unavailable 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 Waterford is a financially viable option for your relocation.