New haven cost of living
New Haven, Connecticut is a city with a moderate cost of living. Here are some examples of typical costs in New Haven:
Housing:
- Rent:
- Studio apartment: $1,200 - $1,800 per month
- 1-bedroom apartment: $1,400 - $2,200 per month
- 2-bedroom apartment: $1,800 - $3,000 per month
- 3-bedroom apartment: $2,500 - $4,000 per month
- Buying a home:
- Median home price: around $240,000
- Average mortgage payment: around $1,300 per month
Food:
- Fast food meal: $8 - $12
- Mid-range restaurant meal: $15 - $25
- Groceries:
- Milk: $2.50 - $3.50 per gallon
- Bread: $2 - $3 per loaf
- Eggs: $1.50 - $2.50 per dozen
- Chicken breast: $3 - $5 per pound
Transportation:
- Gasoline: around $2.50 per gallon
- Public transportation:
- Monthly bus pass: $60 - $80
- Monthly train pass: $100 - $150
- Car insurance: around $100 - $200 per month
Utilities:
- Electricity: around $100 - $150 per month
- Water: around $50 - $100 per month
- Internet: around $50 - $100 per month
Other expenses:
- Gym membership: around $30 - $50 per month
- Movie ticket: $10 - $15
- Coffee: $2 - $5 per cup
Overall, New Haven has a cost of living index score of around 120, which is slightly higher than the national average of 100. This means that the cost of living in New Haven is about 20% higher than the national average.
Here are some tips for living in New Haven on a budget:
- Consider sharing an apartment or house with roommates to split the cost of rent and utilities.
- Look for affordable housing options, such as apartments or houses in neighborhoods that are a bit further from downtown.
- Cook at home instead of eating out, and try to find affordable grocery stores and restaurants.
- Use public transportation or walk/bike whenever possible to save on car insurance and parking.
- Take advantage of free or low-cost activities in the city, such as visiting the Yale University campus, attending free concerts or festivals, or exploring the city's many parks and green spaces.