"The most expensive of the towns are Greenwich, Riverside, and Old Greenwich, where the median cost of housing is $2.3 million, $2.6 million, and $2.8 million, respectively."
"Nowadays, moving from the city to the suburbs no longer guarantees greater affordability for New Yorkers. Rather, it often requires would-be buyers to compete at higher price tiers across a much smaller pool of attainable communities."
"The average cost of rent across Connecticut has grown consistently over the past 10 years, according to the Connecticut Housing Finance Authority (CHFA)."
Housing costs in Fairfield County have dramatically increased, with a rise of over 86% from 2016 to 2025. By the end of 2025, no community will have a median housing price below $300,000. The most expensive towns include Old Greenwich, Riverside, and Greenwich, with median prices reaching up to $2.8 million. Even the least expensive town, Bridgeport, exceeds prices in several Bronx and Queens neighborhoods. The population growth in Fairfield County is linked to New Yorkers leaving the city, contributing to rising housing and living costs.
Read at Inside Investigator
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