Housing costs in Manchester?
A typical home costs
$259,200, which is 23.3% less expensive than the national average of
$338,100 and 28.4% less expensive than the average Connecticut home, at
$362,100. Renting a two-bedroom unit in Manchester costs
$1,660 per month, which is 16.1% more than the national average of
$1,430 and close to the state average of
$1,660.
Can I afford Manchester?
To live comfortably in Manchester, Connecticut, a minimum annual income of
$49,680 for a family, and
$53,600 for a single person is recommended.
What does A.I. say about Manchester?
Manchester is located within Hartford County , Connecticut with a population just over 58 , 000 people . The city boasts an overall affordable cost of living with median home prices at about 224,000 dollars which falls below both Connecticut's statewide average as well as national levels. Similarly, monthly rental rates remain fairly low compared to surrounding areas averaging 1,595 dollars per month ; a far cry from cities like Stamford (2299 ) or Westport (2485 ) nearby . Aside from housing expenses Manchester's taxes also remain relatively cheap with a combined tax rate for all business operations amounting up 4% .