New Preston 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.
IndexNew PrestonConnecticutNational
Cost of living index132120100
IndexNew PrestonConnecticutNational
Goods & Services index121120100
Groceries index104105100
Health care index114114100
Housing index178137100
Transportation index107112100
Utilities index102103100

Did you know?

  • The cost of living in New Preston is 10% higher than the Connecticut average.
  • The cost of living in New Preston is 32% higher than the national average.
  • The cost of housing in New Preston is 78% 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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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$85,694$7,141$1,999$2,571
Renters$0$0$0$0

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.99%

Goods & Services

ItemNew PrestonNational avg.Difference
Haircut $19.99$16.0924.3%
Beauty Salon $55.01$37.3347.4%
Toothpaste $1.98$2.4519.3%
Shampoo $0.91$1.009.2%
Movie $11.97$10.2816.4%
Bowling $7.26$4.9347.2%

Groceries

ItemNew PrestonNational avg.Difference
Ground Beef $3.85$3.801.1%
Fried Chicken $1.55$1.4010.8%
Milk $2.07$2.012.9%
Potatoes $3.93$3.0130.6%
Pizza $10.96$9.8910.8%
Beer $9.96$8.9012.0%

Health Care

ItemNew PrestonNational avg.Difference
Optometrist $119.32$102.1616.8%
Doctor $130.03$108.3620.0%
Dentist $114.44$92.5323.7%
Ibuprofen $8.30$9.2810.5%
Lipitor $422.42$425.820.8%

Housing

ItemNew PrestonNational avg.Difference
Home Price $364,000.00$184,700.0097.1%
Avg. Mortgage Payment $1,420.90$1,202.4418.2%
Apartment Rent $1,273.00$949.0034.1%

Transportation

ItemNew PrestonNational avg.Difference
Gasoline $2.38$2.246.2%
Tire Balancing $49.88$46.297.7%

Utilities

ItemNew PrestonNational avg.Difference
All Electricity$197.95$165.9619.3%
Phone $23.90$28.6816.7%
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.
Watchtower, NY2,31611616%
Dover Plains, NY1,0271044%
Torrington, CT35,2271044%
Thomaston, CT1,8031077%
Naugatuck, CT31,6251088%
New Preston, CT99613232%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Montezuma, KS99685-15%
Crescent Beach, FL99612525%
East Alto Bonito, TX99670-30%
O'Donnell, TX99678-22%
Wink, TX99678-22%
New Preston, CT99613232%
Source: The New Preston, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2017.