Cost of Living in Hartford, CT
Housing
The housing market plays a significant role in determining the cost of living in Hartford, CT.
- Housing Index: 115.0 / 100
- Median Home Price is: $228,000
- Average Rent (2 BR Apartment): $2009 per month
- Average Rent (2 BR House): $2184 per month
When considering a move to Hartford, CT, the housing data reveals a notable housing index of 115.0, indicating a more competitive market compared to the national average. With a median home price of 228000, prospective buyers might find opportunities aligning with their budgets. Also, renting options are available with the average rent for a 2-bedroom apartment at 2009 and a 2-bedroom house at 2184. The city's rental costs may require careful budgeting, but overall, it presents diverse living options for both buyers and renters alike.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Hartford, 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 Hartford, 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 Hartford is a financially viable option for your relocation.