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Is Connecticut expensive to live in?

CONNECTICUT (WTNH) Connecticut has the third-highest real estate property taxes in the country, ing to a new study from WalletHub. The study shows Connecticuts annual taxes on a home priced at the states media value of $343,200 is $6,575 annually.

Are home prices dropping in CT?

Connecticut is rated as one of the hottest housing markets in the country- low home prices are one reason- but also the high quality of life, lush, green verdant hills, an Eden like shoreline, great educational system, low crime, great health care access.

Is Connecticut a cheap place to live?

Connecticut housing is expensive, the cost of living is above average, and property taxes are high. You should seriously consider your finances and budget before moving to Connecticut. Cold winters, humid summers. Connecticut weather swings between the extremes with chillingly cold winters and hot and humid summers.

How much money do you need to live in CT?

Typical Expenses 1 ADULT2 ADULTS (BOTH WORKING) 0 Children1 Child Required annual income after taxes $43,995 $97,834 Annual taxes $8,587 $17,568 Required annual income before taxes $52,581 $115,4018 more rows