Summary about cost of living in Hartford, CT, United States: Family of four estimated monthly costs are 3,721$ without rent. A single person estimated monthly costs are 1,014$ without rent. Hartford is 19.88% less expensive than New York (without rent).
Contents
How much does it cost to live in Hartford?
Hartford cost of living is 93.9
| COST OF LIVING | Hartford | Connecticut |
|---|---|---|
| Grocery | 103.1 | 106.6 |
| Health | 93.2 | 97.7 |
| Housing | 54.4 | 103.6 |
| Median Home Cost | $135,100 | $318,400 |
Is Hartford high cost of living?
Hartford, Connecticut’s cost of living is 17% higher than the national average. The cost of living in any area can vary based on factors such as your career, its average salary and the real estate market of that area.
What is a good salary in Hartford CT?
While ZipRecruiter is seeing salaries as high as $140,530 and as low as $21,183, the majority of salaries within the Average jobs category currently range between $51,148 (25th percentile) to $76,464 (75th percentile) with top earners (90th percentile) making $92,997 annually in Hartford.
How much does a single person need to live in CT?
Typical Expenses
| 1 ADULT | ||
|---|---|---|
| 0 Children | 1 Child | |
| Required annual income after taxes | $26,941 | $55,470 |
| Annual taxes | $6,299 | $13,394 |
| Required annual income before taxes | $33,240 | $68,864 |
Is Hartford cheap?
Live in an Affordable New England City
In fact, the cost of living in Hartford is 13% lower than Connecticut’s average, and the housing cost is 11% lower than the national average, with a median home price of $159,100 and median monthly rent of $914.
Is it cheaper to live in Connecticut or Texas?
Cost of Living Comparison Between Hartford, CT and Dallas, TX. You would need around 4,857.91$ in Dallas, TX to maintain the same standard of life that you can have with 5,000.00$ in Hartford, CT (assuming you rent in both cities). This calculation uses our Cost of Living Plus Rent Index to compare cost of living.
Is Hartford a nice place to live?
1 in ‘Best Places to Live in Connecticut‘ According to Niche. West Hartford has earned the top ranking in Niche.com’s list of the “2020 Best Places to Live in Connecticut” – the third year in a row the town has been ranked No. 1 on this list.
How much money do you need to live comfortably in Connecticut?
Cost of Living in Connecticut
A family of two adults and two children would need a combined income of $118,551 per year—or $9,879 every month—to live comfortably. In Hartford, this goes down to $87,464 annually (or $7,289 per month).
Where is the lowest cost of living in the US?
Here are the 10 most affordable states in the U.S.:
- Indiana. Average cost of living index: 90.57.
- Michigan. Average cost of living index: 90.40.
- Missouri. Average cost of living index: 89.75.
- Tennessee. Average cost of living index: 89.49.
- Georgia. Average cost of living index: 89.30.
- Arkansas.
- Alabama.
- Oklahoma.
Is $65000 a good salary for a single person?
A salary of $65,000 can be a high income in many parts in the United States but below average in other parts.A $65,000 salary may easily meet your budget needs in an area with a lower cost of living but may just cover your basics in an area with a high cost of living.
Is 100k a good salary in Connecticut?
Higher living expenses in Connecticut make it one of the worst places in the nation for families earning $100,000, according to a new study.A new addition to the top 10, Hartford families earning $100,000 averaged about $480 in disposable income a month.
What is middle class income in CT?
Meanwhile, the Pew Charitable Trusts considers middle-class households to be those earning 67% to 200% of a state’s median income.
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| State | Middle-class income | Median household income |
|---|---|---|
| Alaska | $63,873 | $75,463 |
| Connecticut | $63,375 | $78,833 |
| New Hampshire | $62,890 | $77,933 |
What is a good salary for a family of 4?
Yes, a family of 4 can live on 100k per year. The average household income in the United States is approximately 73k according to the US Census Bureau. At this income level you would have to commute rather than live in the most expensive cities such as Boston, San Francisco, and Manhattan.
What salary do I need to live comfortably?
The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
What is a good salary in CT?
Above Average Salary in Connecticut
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $75,495 | $6,291 |
| 75th Percentile | $61,905 | $5,158 |
| Average | $47,639 | $3,969 |
| 25th Percentile | $31,204 | $2,600 |
Is it cheaper to live in Massachusetts or Connecticut?
The cost of living in Boston, MA is 31.6% higher than in Hartford, CT. You would have to earn a salary of $78,943 to maintain your current standard of living. Employers in Boston, MA typically pay 4.8% more than employeers in Hartford, CT.
Is Hartford Connecticut Safe?
According to BackgroundChecks.org, Hartford was ranked as the 84th safest jurisdiction in the state for 2019, with a safety index of -1.1 (Orange, ranked 1st on the same list, had an index of 0.91). On a national level Hartford CT earned a spot among “2021 Top 100 Most Dangerous Cities in the U.S.”
Is CT a good state to live in?
With a median household income of $71,346 a year, fifth highest of all states, Connecticut is the second best state to live in and an especially good example of this pattern. Like the vast majority of states on the higher end of our list, Connecticut is also relatively safe.
What is the cost of living in Connecticut?
An amount below 100 means Connecticut is cheaper than the US average. A cost of living index above 100 means Connecticut, Connecticut is more expensive.
Connecticut cost of living is 107.8.
| COST OF LIVING | Connecticut | United States |
|---|---|---|
| Grocery | 106.6 | 100 |
| Health | 97.7 | 100 |
| Housing | 103.6 | 100 |
| Median Home Cost | $318,400 | $291,700 |
What is the cost of living in Stamford Connecticut?
Stamford cost of living is 118.5
| COST OF LIVING | Stamford | Connecticut |
|---|---|---|
| Grocery | 105.6 | 106.6 |
| Health | 102.3 | 97.7 |
| Housing | 125.9 | 103.6 |
| Median Home Cost | $556,100 | $318,400 |
