Cost of living

The cost of living in Stamford in 2022 is lower than in New York, with an index of 118.5, which is much below that of the NYC index of 187.2. Both are above the national average but offer a living standard worth it. A family of four would need about $9,900 per month or $119,000 per year to earn to live comfortably in Stamford CT. Keep in mind that the average family income in Stamford is around $103,000, more than $30,000 above the country’s average of $70,900.

Housing

Living in Stamford offers residents a mix of an urban and suburban feel. Most residents own their homes, with the average home price being approximately $549,900 in 2021, so you can expect to pay an average rent price of $2,300 in the city and around $2,600 in the metro area. You can also take a look at what HUD offers since they may help apartment owners by reducing rents to low-income tenants.

Job opportunities

You’ll probably end up speaking Spanish when you move here since most of the people there speak Spanish fluently. Before COVID-19, Stamford ranked high on a low unemployment rate list with its four Fortune 500 Office Headquarters, including Charter Communications and Synchrony Financial. It is diverse in the job opportunities it offers and is also home to some large media firms, such as ITV America, A&E Networks, YES Network, NBC America, and WWE (World Wrestling Entertainment). Most salaries in Stamford range between $58,558 and $93,050 annually, making the average annual salary around $76,500.

Education

Stamford is a great place to raise children. It has some of the best public schools in the state, with a high graduation rate and low drop-out rate. There are lots of extracurricular activities for students to participate in as well as after-school programs. We also have a park system with various sports teams that compete at all levels. The city itself has many parks and playgrounds for kids to enjoy. There are also several youth organizations and community groups that support youth. There are many highly-ranked private schools in Stamford, like Charter Schools, Catholic Schools, and Magnet schools. Stamford Public Schools (SPS) have 24 primary and secondary schools with more than 15,800 students enrolled.

Best neighborhoods

The number one neighborhood in the entire state of Connecticut is Shippan Point. It is the most southern neighborhood in Stamford, located only five minutes from Downtown. It is a wealthy neighborhood that attracts families, young professionals, and executives. It has large spaces, access to public and private beaches, and beautiful wooded streets. The second neighborhood on our list is Newfield. It is the best neighborhood for commuters since it is near the Meritt parkway. It has many open spaces, creeks, rivers, and woods. It is safe and has convenient amenities, which attract new residents. Last but not least, Downtown. The heart of the city is surrounded by Latham Park, Metro-North railroad, Grove St, and Washington Boulevard on the west. Downtown has a rich history, so much so it is on the list of the National Register of Historic Places.