In March, a study found that areas of Fairfield County were among the most expensive places to raise a family. FAIRFIELD COUNTY, Conn. — A study has found that the Stamford-Norwalk and Danbury areas of Fairfield County are among the 10 most expensive places to live in the country, according to MarketWatch.
Why is Fairfield County so expensive?
According to Kathi Mettler, an accounting professor from Fairfield University, the lucrative value of Fairfield County lies in its proximity to New York, which in itself had 19 zip codes on the list of the 100 most expensive zip codes in the country.
Is Fairfield CT a good place to live?
Today, Fairfield is a thriving southern New England town of approximately 61,000 residents that is consistently named by Money Magazine as one of the best places to live in the State of Connecticut.
How expensive is Fairfield?
Fairfield cost of living is 136.8
| COST OF LIVING | Fairfield | California |
|---|---|---|
| Overall | 136.8 | 149.9 |
| Grocery | 108 | 105.1 |
| Health | 105 | 92.4 |
| Housing | 198.2 | 239.1 |
Does Connecticut have a high cost of living?
Living in Connecticut is more expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 6.1% more than they do on average nationwide. Compared with all other states, Connecticut has the eighth highest overall cost of living.
Why is Bridgeport CT so poor?
Bridgeport is struggling because it is a one-time manufacturing hub whose jobs went overseas as factories moved away in the late 20th century.
Is Bridgeport CT wealthy?
BRIDGEPORT — It sounds surprising, but the Park City has been listed as one of the richest cities in America. Bridgeport, or more accurately Fairfield county, was listed at number 2, behind San Jose and ahead of San Francisco on a list from Bloomberg Business.
Is Fairfield CT rich?
The coastal county of Fairfield is the most affluent county in one of the country’s most affluent states. It contains the state’s most populous city, Bridgeport, and wealthy towns like Darien, Greenwich, Westport and New Canaan.
What is the best area to live in Connecticut?
These are the top 25 cities and towns on the AreaVibes.com Best Places To Live In Connecticut 2022 list:
- 1: Old Greenwich, Greenwich.
- 2: Cos Cob, Greenwich.
- 3: Cheshire Village, Cheshire.
- 4: Simsbury Center, Simsbury.
- 5: Middletown.
- 6: Newington.
- 7: West Hartford.
- 8: Riverside, Greenwich.
What’s it like living in Fairfield CT?
Living in Fairfield offers residents a sparse suburban feel and most residents own their homes. In Fairfield there are a lot of restaurants, coffee shops, and parks. Many young professionals live in Fairfield and residents tend to be liberal. The public schools in Fairfield are highly rated.
Is Fairfield expensive?
Fairfield home prices are not only among the most expensive in Connecticut, but Fairfield real estate also consistently ranks among the most expensive in America. Fairfield is a decidedly white-collar town, with fully 92.86% of the workforce employed in white-collar jobs, well above the national average.
What is Fairfield University known for?
The University earned top 5 placement in several statewide rankings from Niche, including: #1 Best Colleges for Nursing, #2 Best Colleges for Business, Best Colleges for Accounting and Finance, and #3 Best College Locations.
Is Fairfield University Expensive?
At Fairfield University, the total cost is $69,815. The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost, which comes in at $37,045 for the average student receiving need-based aid.
Why you should not move to Connecticut?
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.
What is the cheapest city to live in Connecticut?
Most Affordable Places to Live in Connecticut
- Bristol.
- Groton.
- Hartford.
- Meriden.
- Middletown.
- New Britain.
- Torrington.
- Waterbury.
What is a livable wage in CT?
Living Wage Calculation for Hartford County, Connecticut
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 3 Children | |
| Living Wage | $18.44 | $30.27 |
| Poverty Wage | $6.19 | $7.46 |
| Minimum Wage | $14.00 | $14.00 |
What kind of people live in Bridgeport?
Bridgeport Demographics
- White: 38.07%
- Black or African American: 34.36%
- Other race: 16.45%
- Two or more races: 6.69%
- Asian: 3.83%
- Native American: 0.52%
- Native Hawaiian or Pacific Islander: 0.09%
Is there a lot of crime in Bridgeport CT?
The chance of becoming a victim of either violent or property crime in Bridgeport is 1 in 44. Based on FBI crime data, Bridgeport is not one of the safest communities in America. Relative to Connecticut, Bridgeport has a crime rate that is higher than 80% of the state’s cities and towns of all sizes.
Is it safe to live in Bridgeport CT?
Based on FBI data from 2017, the report said, Bridgeport saw 900 violent crimes per 100,000 people. The city’s population in 2017 was 146,579 people, census data shows. “Bridgeport is the only city in Connecticut — and the broader New England region — to rank among the worst U.S. cities to live in,” the report said.
What is the richest town in CT?
Newtown Borough is being credited as the richest town in the state of Connecticut. Stacker.com compiled a list of the richest towns in all 50 U.S. states, which lists Newtown Borough as having a median household income of $140,625 (104.7% more than the U.S. median income).
What is the poorest city in CT?
Here Are The 8 Poorest Cities In Connecticut
- Bridgeport. Iracaz/Wikimedia.
- New Haven. Emilie Foyer/Wikimedia.
- Hartford. Mira Hartford/Wikimedia.
- Waterbury. Daniel Casus, Grossis/Wikimedia.
- New London. Billy Hathorn/Wikimedia.
- New Britain. Sage Ross/Wikimedia.
- Ansonia. Milfordwoman/Wikimedia.
- Willimantic.