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Cost of Living in Enfield

Is it better to rent or buy in Enfield? Explore median costs, utility estimates, and run the numbers on your own budget to see how far your income goes.

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Rent vs. Buy Affordability Calculator

Adjust the sliders to match your scenario. We recommend keeping total housing costs under 40% of your gross income.

$59,091
$672/mo

Median in area: $672

$105,500

Median in area: $105,500

$21,100

If you Rent

🔑
$960 /mo
Base Rent$672
Est. Utilities$288
% of Income19.5%
Pre-tax Residual$3,964

If you Buy

🏠
$1,032 /mo
P&I (7.037%)$564
Taxes & Ins$180
Est. Utilities$288
% of Income20.9%
Pre-tax Residual$3,893

Cost of Living FAQs

Is it cheaper to rent or buy in Enfield?›

Based on median housing data, renting is currently more affordable on a monthly basis in Enfield. The estimated all-in monthly cost for renting is $960, while owning a median-priced home with a 20% down payment is roughly $1,032 per month (a difference of $72).

How much do utilities cost in Enfield?›

The average monthly utility cost (electricity and natural gas) for a typical home in Enfield is approximately $288. This estimate uses local utility rate schedules combined with median energy consumption profiles.

What is a good salary to live comfortably in Enfield?›

To comfortably afford the median rent and utilities in Enfield without exceeding the recommended 30% housing-to-income threshold, a household should earn a gross salary of approximately $38,400 per year.