Cost of Living in Windsor locks, CT

Housing

The housing market plays a significant role in determining the cost of living in Windsor locks, CT.

• Housing Index: 127.0 / 100
• Median Home Price is: $258000
• Average Rent (2 BR Apartment): $2200 per month
• Average Rent (2 BR House): $2240 per month

If you’re considering moving to Windsor locks, CT, the housing market presents a mixed picture. With a housing index of 127.0, it indicates that the cost of living is 27% above the national average. The median home price is a considerable 258000, making homeownership a challenge for many. Renting isn't much more affordable, with average rents for a 2BR apartment at 2200 and a house at 2240. Before making a decision, also consider the area's job market and other living costs to ensure a balanced lifestyle.

Utilities

The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Windsor locks, 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.): $290 per month

Living in Windsor locks, 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 290 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 Bethlehem is a financially viable option for your relocation.

Cost of Living Index

The cost of living index is a widely used metric to determine the relative affordability of cities and towns.

• Index score: 115.3

Median Income

The median income is an important factor to consider when evaluating the affordability of a city or town.

• Median Income: $78500

Educational and Social Amenities

Access to quality education, healthcare, and social services can significantly impact the overall quality of life in a city or town.

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Summary

When considering a move to Windsor locks, CT, consider the following factors:

• Taxes: State income, property, and local income taxes can significantly impact your take-home pay.
• Job opportunities: The availability of jobs in your field can affect your quality of life.
• Cost of living: Housing costs, utilities, transportation, and other expenses should be considered when evaluating the affordability of a city or town.