What Is The Cost Of Living In New London Ct?

Cost of Living in New London, CT

Is New London CT expensive to live?

PRO: Overall, Living in New London, CT is Affordable
Housing, for example, is a genuinely affordable 69/100, 31% lower than the American average. Transportation costs are 82/100, nearly 20% lower. Both help to give New London, CT, an overall cost of living index of 89/100, which is unquestionably affordable.

Is New London Connecticut a good place to live?

Living in New London offers residents an urban suburban mix feel and most residents rent their homes. In New London there are a lot of bars, restaurants, coffee shops, and parks. Many young professionals live in New London and residents tend to be liberal.

How high is the cost of living in Connecticut?

The cost of living in Connecticut is 22% higher than the national average. Housing is 35% higher than the national average, while utilities are 32% higher. When it comes to basic necessities such as food and clothing, groceries are around 19% higher than in the rest of the country, while clothing costs 19% higher.

How much does it cost to live in CT per month?

Cost of Living in Connecticut

Where in CT is the cheapest to live?

Most Affordable Places to Live in Connecticut

• Bristol.
• Groton.
• Hartford.
• Meriden.
• Middletown.
• New Britain.
• Torrington.
• Waterbury.

What is the most expensive town to live in in Connecticut?

Full List Of Most Expensive Places In Connecticut

Where do the rich live in Connecticut?

Westport is one of the wealthiest towns in Connecticut. Located in Fairfield County, Westport is an affluent town with beaches, private Country Clubs, and Yacht Clubs. It has a population of 27,141. Home to some of the most affluent residents in Connecticut, Westport has a median household income of $206,466.

What part of Connecticut is best to live in?

Website Ranks Top 25 Places to Live in CT in 2022

• 1: Old Greenwich, Greenwich.
• 2: Cos Cob, Greenwich.
• 3: Cheshire Village, Cheshire.
• 4: Simsbury Center, Simsbury.
• 5: Middletown.
• 6: Newington.
• 7: West Hartford.
• 8: Riverside, Greenwich.

What is the safest city in Connecticut to live in?

Safest Cities in Connecticut, 2019

What is a good hourly wage in CT?

Hourly Salary in Connecticut

What is the richest state in Connecticut?

Despite its high per capita income, Connecticut is mainly a middle-class state. Most of Connecticut’s wealth is concentrated in Fairfield County, which contains many affluent suburbs in Connecticut.
Counties.

What is a living wage in CT in 2022?

$14.00
$13.00 on August 1, 2021; $14.00 on July 1, 2022; and.

What is the average rent in CT?

Average rent in Hartford, CT

Is it cheaper to rent or buy in CT?

While high prices seem to be around every corner, data from the U.S. Census Bureau’s 2019 American Community Survey indicates that in Connecticut, it is cheaper to rent than to own a home.

What is minimum wage in CT?

Connecticut’s hourly minimum wage increases to $14 on July 1, 2022. The $1 increase over the current $13 is the fourth stage in a series of five planned increases Gov. Ned Lamont signed into law in 2019. The legislation increased the hourly wage by $1 every 11 months.

What is a comfortable salary in CT?

As of Nov 4, 2022, the average annual pay for the Above Average jobs category in Connecticut is $51,330 a year. Just in case you need a simple salary calculator, that works out to be approximately $24.68 an hour. This is the equivalent of $987/week or $4,277/month.

What is the poorest part of CT?

Here Are The 8 Poorest Cities In Connecticut

• Bridgeport. Iracaz/Wikimedia.
• New Haven. Emilie Foyer/Wikimedia.
• Hartford. Mira Hartford/Wikimedia.
• Waterbury. Daniel Casus, Grossis/Wikimedia.
• New London. Billy Hathorn/Wikimedia.
• New Britain. Sage Ross/Wikimedia.
• Ansonia. Milfordwoman/Wikimedia.
• Willimantic.

Is Connecticut worth moving to?

There are many reasons to consider making the move to Connecticut. The state boasts a high standard of living, ample employment opportunities, small-town charm and natural beauty. From bustling city life to majestic mountain dropped landscapes and lush forests, the state has a little something for everyone.

What is the nicest city in Connecticut?

14 Best Cities in Connecticut

1. Stamford. Stamford.
2. Hartford. Hartford.
3. New Haven. New Haven Green and downtown New Haven.
4. Greenwich. Boutique shops and fine restaurants line the lovely Greenwich Ave | Photo Copyright: Shandley McMurray.
5. Norwalk.
6. West Hartford.
7. Danbury.
8. Waterbury.

What is the prettiest town in Connecticut?

The Most Beautiful Towns in Connecticut

• Cornwall. Architectural Landmark, Historical Landmark.
• Chester. Architectural Landmark, Historical Landmark.
• Essex. Architectural Landmark, Historical Landmark.
• Greenwich. Architectural Landmark, Historical Landmark.
• Kent.
• Milford.
• Old Saybrook.
• Mystic.