How Much Does It Cost To Live In New London Ct?

Ranked 3884th (TOP 42%) in the list of best places to live in the world and 1349th best city to live in the United States, and 36th most liveable city in Connecticut.

Cost of Living in New London, CT.

Cost of living One person Family of 4
?️ Without rent $717 $2340
? Rent & Utilities $1210 $2119
?️ Food $527 $1371
? Transport $51.9 $139

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.

What is the average 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.

Is it expensive to live in New Haven CT?

The cost of living in New Haven, CT is 3% lower than the state average and 19% higher than the national average. New Haven, CT housing is 24% more expensive than the U.S average, while utilities are about 37% pricier.

What is a good salary to live in CT?

A good salary in Hartford, CT is anything over $36,000. That’s because the median income in Hartford is $36,000, which means if you earn more than that you’re earning more than 50% of the people living in Hartford. The average salary in Hartford is $41,226. A good hourly wage in Hartford is $17.31 per hour.

What is the cheapest part of Connecticut to live in?

Most Affordable Places to Live in Connecticut

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

What is the wealthiest part of CT?

5 Wealthiest Towns in Connecticut

  • Darien, CT.
  • Old Greenwich, CT.
  • Weston, CT.
  • Riverside, CT.
  • Westport, CT.

What is the best part of CT to live in?

Greenwich. The largest city in Connecticut’s Gold Coast, Greenwich is one of the best towns to live in Connecticut. It’s also one of the oldest towns in the state and features a bustling economy and rich history. It’s only an hour outside of New York City, making it a popular commuter town for working professionals.

Is CT cheaper than NY?

Connecticut is 4.6% more expensive than New York.
New York vs. New York vs.

What is a comfortable salary in CT?

How much does an Above Average make in Connecticut? As of Nov 1, 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 a good hourly wage in CT?

Hourly Salary in Connecticut

Annual Salary Hourly Wage
Top Earners $62,760 $30
75th Percentile $44,183 $21
Average $41,268 $20
25th Percentile $27,614 $13

Is Connecticut a rich or poor state?

Connecticut has for many years been labeled the richest state in the nation because of its highest-in-the-nation per capita income, but that may be rapidly changing according to figures from the U.S. Bureau of Economic Analysis.

What is a good salary in New Haven CT?

Most salaries in New Haven range between $51,436 (25th percentile) to $84,762 (75th percentile) annually.

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

Full List Of Most Expensive Places In Connecticut

City Population Rank
North Haven 24,037 1
Simsbury Center 6,068 2
Glastonbury Center 7,544 3
Branford Center 6,414 4

Why is Connecticut cost of living so high?

Connecticut has the 29th largest population among the 50 states, but it’s also the third smallest state in square miles. It requires money to accommodate so many people in such a small amount of space, especially when people want spacious suburban houses.

Where should I not live in CT?

#1 HARTFORD
As the most dangerous city in Connecticut, its crime rate is far above the national average. In fact, it’s a full 81 percent above the national average when you look at both violent and non-violent crimes.

What is middle class income in CT?

Range of household incomes needed to be considered middle class, by family size

State Single Couple
Connecticut $28,364 – $85,091 $40,112 – $120,336
Delaware $26,146 – $78,437 $36,975 – $110,926
District of Columbia $30,242 – $90,727 $42,769 – $128,307
Florida $26,015 – $78,045 $36,791 – $110,373

Why are people leaving CT?

About a third cited retirement as the reason for their move, followed by “family” and “lifestyle.” Of those leaving the state, about 40 percent were age 65 or older.

What town in CT has the cheapest houses?

Most affordable cities in Connecticut

  1. Torrington. Tucked into the Northwest corner of Connecticut, Torrington has the most affordable home price to income ratio on this list.
  2. Naugatuck. Settled on the Naugatuck River, this small town is second only to Torrington in terms of home value to income.
  3. Bristol.
  4. Meriden.
  5. Waterbury.

What is the nicest town in Connecticut?

The Most Beautiful Towns in Connecticut

  • Essex.
  • Greenwich.
  • Kent.
  • Milford.
  • Old Saybrook. Architectural Landmark, Historical Landmark.
  • Mystic. Architectural Landmark, Historical Landmark.
  • Westport. Historical Landmark, Architectural Landmark.
  • Wethersfield. Architectural Landmark, Historical Landmark.