Hartford cost of living index

In the event that the cost of living data was unavailable for this city, estimates based upon nearby cities were used. Each cost of living index is based on a national average of 100. If the amount is below 100, it is lower than the national average. If the amount is above 100, it is higher than the national average.
IndexHartfordConnecticutNational
Cost of living index114129100
IndexHartfordConnecticutNational
Goods & Services index121123100
Groceries index128125100
Health care index119117100
Housing index98146100
Transportation index109105100
Utilities index128130100
Displayed above is a general overview of the Hartford, CT cost of living index. The overall cost of living index in Hartford, CT is 114, which is 11% lower than the Connecticut average and 14% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Hartford, CT are 2% lower than the Connecticut average and 21% higher than the national average.

Did you know?

  • The cost of living in Hartford is 11% lower than the Connecticut average.
  • The cost of living in Hartford is 14% higher than the national average.
  • The cost of housing in Hartford is 2% lower than the national average.
  • Connecticut general sales tax is 25% higher than the national average.
  • Connecticut state income tax is 35% higher than the national average.

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Salary Calculator

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The salary calculator allows you to compare how much your current salary in Hartford, CT would be worth in another city. In other words, the salary calculator will adjust the figure you enter for cost of living so that you can determine how much more or much less you would need to earn while maintaining your current quality of living. If you are considering relocating to a more expensive city than Hartford, CT, the calculator will tell you how much more you need to earn so you can assess job offers more accurately. The Hartford, CT salary calculator is easy to use. All you do is enter the name of another city, then move the slider to your current income. After that, the salary calculator will crunch the numbers for you and give you the information you need about the place you are considering going. Additionally, it will show a detailed breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$58,125$4,844$1,356$1,744
Renters$22,368$1,864$522$671
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Hartford, CT as well as the overall cost of living. As a general rule of thumb, the debt-to-income ratio (DTI) for homeowners or renters should be not more than 28 percent of gross income to be spent on housing related costs and not more than 36 percent of income on all expenses, including debts. The median income for Hartford, CT homeowners, is $58,125. This would allow for a maximum of $1,356 per month to be spent on housing costs. For renters, the median monthly income is $22,368 which would result in a maximum of $522 to be spent on rental costs.

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.7%
When you are determining the total cost of living in Hartford, CT you will want to make sure you consider both the Connecticut sales tax and the Connecticut income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Connecticut is 6.35%, with the highest surtax being 6.35%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Connecticut have a range from 3% to 6.7%.

Goods & Services

ItemHartfordNational avg.Difference
Haircut $17.50$14.5919.9%
Beauty Salon $47.06$34.6835.7%
Toothpaste $3.22$2.4730.2%
Shampoo $1.17$1.0214.5%
Movie $10.07$9.872.0%
Bowling $7.17$4.3963.3%

Groceries

ItemHartfordNational avg.Difference
Ground Beef $6.34$4.4841.6%
Fried Chicken $1.90$1.4629.8%
Milk $2.56$2.368.6%
Potatoes $4.51$3.0647.3%
Pizza $10.11$9.249.4%
Beer $10.03$8.6316.2%

Health Care

ItemHartfordNational avg.Difference
Optometrist $116.73$99.7817.0%
Doctor $123.77$105.0317.8%
Dentist $122.94$88.7038.6%
Ibuprofen $11.38$9.4120.9%
Lipitor $267.92$298.5010.2%

Housing

ItemHartfordNational avg.Difference
Home Price $178,300.00$181,400.001.7%
Avg. Mortgage Payment $1,493.00$1,081.0338.1%
Apartment Rent $855.00$889.003.8%

Transportation

ItemHartfordNational avg.Difference
Gasoline $2.44$2.0916.6%
Tire Balancing $39.98$45.2911.7%

Utilities

ItemHartfordNational avg.Difference
All Electricity$265.73$170.8055.6%
Phone $24.95$28.2611.7%
Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City, StatePopulationCost of Living IndexNational Avg.
New Britain, CT73,12211313%
Blue Hills, CT2,46511414%
Rockville, CT7,66611515%
East Hartford, CT51,17111515%
Manchester, CT30,43111717%
Hartford, CT124,87911414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Waco, TX124,84384-16%
Elizabeth, NJ124,79512222%
Gainesville, FL124,98196-4%
Simi Valley, CA123,94214545%
Visalia, CA123,9051066%
Hartford, CT124,87911414%
Source: The Hartford, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.