Lakeville, CT Cost Of Living

Lakeville 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.
Index	Lakeville	Connecticut	National
Cost of living index	122	120	100
Index	Lakeville	Connecticut	National
Goods & Services index	103	120	100
Groceries index	111	105	100
Health care index	105	114	100
Housing index	164	137	100
Transportation index	102	112	100
Utilities index	103	103	100

Did you know?

The cost of living in Lakeville is 2% higher than the Connecticut average.
The cost of living in Lakeville is 22% higher than the national average.
The cost of housing in Lakeville is 64% higher 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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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$80,701	$6,725	$1,883	$2,421
Renters	$57,768	$4,814	$1,348	$1,733

Connecticut Sales Tax

State	General Sales Tax	With Max Surtax
Connecticut	6.35%	6.35%

Connecticut Income Tax

State	Income Tax (Low)	Income Tax (High)
Connecticut	3%	6.99%

Goods & Services

Item	Lakeville	National avg.	Difference
Haircut	$12.85	$16.09	20.1%
Beauty Salon	$34.18	$37.33	8.4%
Toothpaste	$2.47	$2.45	0.8%
Shampoo	$1.00	$1.00	0.1%
Movie	$10.13	$10.28	1.5%
Bowling	$4.40	$4.93	10.7%

Groceries

Item	Lakeville	National avg.	Difference
Ground Beef	$3.69	$3.80	2.9%
Fried Chicken	$1.69	$1.40	20.7%
Milk	$2.31	$2.01	15.2%
Potatoes	$3.23	$3.01	7.4%
Pizza	$8.49	$9.89	14.1%
Beer	$8.86	$8.90	0.5%

Health Care

Item	Lakeville	National avg.	Difference
Optometrist	$129.72	$102.16	27.0%
Doctor	$113.26	$108.36	4.5%
Dentist	$99.38	$92.53	7.4%
Ibuprofen	$9.26	$9.28	0.2%
Lipitor	$419.08	$425.82	1.6%

Housing

Item	Lakeville	National avg.	Difference
Home Price	$347,900.00	$184,700.00	88.4%
Avg. Mortgage Payment	$1,659.22	$1,202.44	38.0%
Apartment Rent	$1,003.00	$949.00	5.7%

Transportation

Item	Lakeville	National avg.	Difference
Gasoline	$2.24	$2.24	0.2%
Tire Balancing	$49.90	$46.29	7.8%

Utilities

Item	Lakeville	National avg.	Difference
All Electricity	$146.93	$165.96	11.5%
Phone	$34.84	$28.68	21.5%

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, State	Population	Cost of Living Index	National Avg.
Copake Falls, NY	208	106	6%
Millerton, NY	830	106	6%
Norfolk, CT	491	110	10%
Canaan, CT	1,192	107	7%
Copake Lake, NY	504	109	9%
Lakeville, CT	903	122	22%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Plain Dealing, LA	903	80	-20%
Brantley, AL	903	80	-20%
Dasher, GA	903	89	-11%
Preston, MD	903	105	5%
Bromley, KY	903	86	-14%
Lakeville, CT	903	122	22%

Source: The Lakeville, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.

Lakeville, CT Cost of Living