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Home » United States » Where is it cheaper to live in Connecticut?

Where is it cheaper to live in Connecticut?

December 14, 2021 by Shelia Campbell

Willimantic The cheapest place to live in all of Connecticut for renters is the small riverside town of Willimantic in the eastern part of the state.

Contents

Where is the most affordable place to live in CT?

Connecticut’s Most Inexpensive Places to Live in 2019

  • Meriden.
  • Bristol.
  • Norwich. Median Home Price – $168,200.
  • Waterbury. Median Home Price – $128,600.
  • New Britain. Median Home Price – $156,800.
  • Groton. Median Home price – $197,600.
  • Derby. Median Home Price – $194,600.
  • Middletown. Median Home Price – $228,500.

Is it cheaper to live in CT or NY?

The cost of living in Hartford, CT is -36.4% lower than in New York, NY. You would have to earn a salary of $38,164 to maintain your current standard of living. Employers in Hartford, CT typically pay -10.7% less than employers in New York, NY.

Is Connecticut cheaper to live in?

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
Health 97.7 100
Housing 103.6 100
Median Home Cost $318,400 $291,700
Utilities 118.5 100

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.

What town in Connecticut has the cheapest rent?

Willimantic
The cheapest place to live in all of Connecticut for renters is the small riverside town of Willimantic in the eastern part of the state.

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What is the best area to live in Connecticut?

5 Best Places to Live in Connecticut, 2021

  1. Bridgeport. Population: 144,399. Median 2-Bedroom Apartment Rent: $1,500.
  2. New Haven. Population: 130,250. Median 2-Bedroom Apartment Rent: $1,450.
  3. Stamford. Population: 129,638. Median 2-Bedroom Apartment Rent: $2,145.
  4. Hartford. Population: 122,105.
  5. Waterbury. Population: 178,568.

Why is Connecticut so bad?

High cost of living. 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.

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.

Why is Connecticut so expensive?

“The number one reason that costs are high in a particular city is the amenities that the city provides to its residents: good schools, parks, paved streets, social services, etc.,” he said. “People seem to cluster and thus a high-cost city will usually involve people with high incomes.”

What is a good salary in Connecticut?

Above Average Salary in Connecticut

Annual Salary Hourly Wage
Top Earners $75,495 $36
75th Percentile $61,905 $30
Average $47,639 $23
25th Percentile $31,204 $15

Which state is the cheapest state to live in?

Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.

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Is it better to live in Connecticut or Massachusetts?

While Massachusetts has a bounty of attractions to offer all residents, Connecticut certainly has its fair share as well and actually rivals its neighbor pretty evenly.And while Massachusetts has Boston, a top ranking place to live and retire, Connecticut has Greenwich, a nationally ranked city to live and retire.

Who has higher taxes CT or MA?

Connecticut is ranked 2nd in the country for state and local tax burden by the Tax Foundation, whereas Massachusetts ranks 12th.

Is Connecticut like Massachusetts?

Many people find Massachusetts and Connecticut to be two very similar states. Others have a strong preference for one over the other. Some people view MA as a better state because of its distinguished Boston suburbs and largely developed urban areas.

What is the safest place to live in Connecticut?

The cities shown on this year’s Safewise list for 2021 Safest Cities to Live In Connecticut had many positive improvements. The cities listed on this year’s top ten list are (#1 pictured) Newtown, Ridgefield, Simsbury, Westport, Wallingford, Cheshire, Greenwich, New Milford, Shelton, and Guilford.

Where is the cheapest place to live near the ocean?

10 Crazy Cheap Beach Towns for Coastal Living

  1. Pedasí, Panama. Estimated cost of living per month: Approximately $1,200 – $1,500 for two people.
  2. Cartagena, Colombia.
  3. Penang, Malaysia.
  4. Canggu, Bali.
  5. Tamarindo, Costa Rica.
  6. Gulfport, Mississippi.
  7. Cascais, Portugal.
  8. Ao Nang, Thailand.

Is Connecticut an expensive state to live in?

Connecticut is the ninth-most expensive state in the United States. Connecticut has expensive housing, utilities, and alcohol. The average home price in Connecticut is $662,447, and the monthly energy bill for a home is about $215.97.Grocery prices are also above average.

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Where do the rich live in Connecticut?

Most of Connecticut’s wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut. Fairfield County is very close to New York City. Other areas of wealth in the state include suburbs surrounding New Haven and Hartford, as well as pockets of Litchfield County.

What town in CT is closest to NYC?

5 Connecticut towns with the best commute to NYC: Greenwich, Darien, and more

  1. Greenwich, CT (including Cos Cob, Riverside, and Old Greenwich): 45 minutes.
  2. Stamford, CT: 51 minutes.
  3. New Canaan, CT: 68 minutes.
  4. Darien, CT: 60 minutes.
  5. Norwalk, CT: 62 minutes.

Is CT a good state to live?

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.

Filed Under: United States

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About Shelia Campbell

Sheila Campbell has been traveling the world for as long as she can remember. Her parents were avid travelers, and they passed their love of exploration onto their daughter. Sheila has visited every continent on Earth, and she's always looking for new and interesting places to explore.

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