Cost of Living in Stamford, CT
Housing
The housing market plays a significant role in determining the cost of living in Stamford, CT.
- Housing Index: 122.1 / 100
- Median Home Price is: $471,000
- Average Rent (2 BR Apartment): $2175 per month
- Average Rent (2 BR House): $2364 per month
Considering a move to Stamford, CT? With a housing index of 122.1, the local market may lean towards a higher cost of living. The median home price stands at 471000, while average rent for a 2BR apartment is approximately 2175 and for a house is 2364. It's crucial to analyze whether these costs align with your financial situation or if you might find more affordable options elsewhere. Also, explore neighborhood amenities and commuting options, as these can significantly impact your living experience and overall satisfaction.
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Stamford, CT.
- Electricity Price: $26 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $257 per month
Living in Stamford, 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 $257 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 Stamford is a financially viable option for your relocation.