Manchester 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.
IndexManchesterConnecticutNational
Cost of living index114128100
IndexManchesterConnecticutNational
Goods & Services index120121100
Groceries index120128100
Health care index119117100
Housing index104144100
Transportation index122114100
Utilities index112116100
Displayed above is a general overview of the Manchester, CT cost of living index. The overall cost of living index in Manchester, CT is 114, which is 10% 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 Manchester, CT are 1% lower than the Connecticut average and 20% higher than the national average.

Did you know?

  • The cost of living in Manchester is 10% lower than the Connecticut average.
  • The cost of living in Manchester is 14% higher than the national average.
  • The cost of housing in Manchester is 4% 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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Compare Manchester, CT Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current income in Manchester, CT to any other city in the country. The calculator will tell you how much income you would need to make in a particular city to live at the same level based on the cost of living in each city. For example, if the cost of living in the city you are looking to move to is higher than that of Manchester, CT, then you would need to earn a higher salary in order to enjoy the same standard of living. To use the Manchester, CT salary calculator, enter the name of the new city, then move the slider to your current salary level. The salary calculator will do the rest and let you know if your salary would need to increase or decrease for the new city. You will also see a complete overview of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$72,271$6,023$1,686$2,168
Renters$33,919$2,827$791$1,018
The percent of monthly income spent on housing can be a good indicator of the affordability of housing in Manchester, 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 Manchester, CT homeowners, is $72,271. This would allow for a maximum of $1,686 per month to be spent on housing costs. For renters, the median monthly income is $33,919 which would result in a maximum of $791 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%
One thing to keep in mind when considering the cost of living in Manchester, CT is the Connecticut sales tax and Connecticut income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Connecticut sales tax rate is 6.35% and the maximum surtax that can be charged is 6.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Connecticut income tax rates range from 3% to 6.7%.

Goods & Services

ItemManchesterNational avg.Difference
Haircut $19.50$15.5625.3%
Beauty Salon $49.55$36.1137.2%
Toothpaste $3.49$2.4741.2%
Shampoo $1.12$0.9616.4%
Movie $9.95$10.131.8%
Bowling $7.17$4.7451.4%

Groceries

ItemManchesterNational avg.Difference
Ground Beef $6.26$3.9857.0%
Fried Chicken $1.67$1.4118.9%
Milk $2.51$2.0621.5%
Potatoes $4.16$2.9839.6%
Pizza $10.00$9.475.6%
Beer $9.82$8.7911.7%

Health Care

ItemManchesterNational avg.Difference
Optometrist $119.91$101.0418.7%
Doctor $124.96$107.4416.3%
Dentist $124.36$90.4237.5%
Ibuprofen $11.99$9.2829.2%
Lipitor $356.99$426.5016.3%

Housing

ItemManchesterNational avg.Difference
Home Price $174,100.00$175,700.000.9%
Avg. Mortgage Payment $1,486.15$1,133.2331.1%
Apartment Rent $1,061.00$920.0015.3%

Transportation

ItemManchesterNational avg.Difference
Gasoline $2.39$1.9919.7%
Tire Balancing $58.58$45.7628.0%

Utilities

ItemManchesterNational avg.Difference
All Electricity$212.66$163.8129.8%
Phone $24.95$28.3912.1%
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.
Stafford Springs, CT4,73411111%
New Britain, CT73,09511111%
Hartford, CT125,21111212%
Blue Hills, CT2,73511212%
East Hartford, CT51,21111212%
Manchester, CT30,62111414%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Saratoga, CA30,627393293%
Shawnee, OK30,60981-19%
Sun Prairie, WI30,6011077%
Westfield, NJ30,64717171%
Springville, UT30,64999-1%
Manchester, CT30,62111414%
Source: The Manchester, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.