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 index148128100
IndexNew PrestonConnecticutNational
Goods & Services index122121100
Groceries index130128100
Health care index117117100
Housing index216144100
Transportation index107114100
Utilities index110116100

Did you know?

  • The cost of living in New Preston is 16% higher than the Connecticut average.
  • The cost of living in New Preston is 48% higher than the national average.
  • The cost of housing in New Preston is 116% 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 New Preston, CT Cost of living To Other Cities

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Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$80,855$6,738$1,886$2,426
Renters$31,667$2,639$739$950

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.7%

Goods & Services

ItemNew PrestonNational avg.Difference
Haircut $19.74$15.5626.8%
Beauty Salon $55.02$36.1152.4%
Toothpaste $4.07$2.4764.6%
Shampoo $1.17$0.9620.9%
Movie $11.67$10.1315.2%
Bowling $7.30$4.7454.2%

Groceries

ItemNew PrestonNational avg.Difference
Ground Beef $4.79$3.9820.2%
Fried Chicken $1.59$1.4113.2%
Milk $3.06$2.0648.4%
Potatoes $5.30$2.9877.8%
Pizza $9.95$9.475.0%
Beer $9.99$8.7913.6%

Health Care

ItemNew PrestonNational avg.Difference
Optometrist $119.98$101.0418.7%
Doctor $129.20$107.4420.2%
Dentist $113.88$90.4226.0%
Ibuprofen $9.82$9.285.9%
Lipitor $422.35$426.501.0%

Housing

ItemNew PrestonNational avg.Difference
Home Price $450,000.00$175,700.00156.1%
Avg. Mortgage Payment $1,491.42$1,133.2331.6%
Apartment Rent $1,117.00$920.0021.4%

Transportation

ItemNew PrestonNational avg.Difference
Gasoline $2.12$1.996.5%
Tire Balancing $49.98$45.769.2%

Utilities

ItemNew PrestonNational avg.Difference
All Electricity$212.84$163.8129.9%
Phone $23.95$28.3915.6%
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, NY2,56612323%
Torrington, CT35,77411212%
Dover Plains, NY1,19011414%
Heritage Village, CT4,12611414%
Oakville, CT9,11811616%
New Preston, CT93214848%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Barnes Lake-Millers Lake, MI93295-5%
Lake George, NY93211313%
Atlas, PA93282-18%
Skagway, AK93213636%
East Marion, NY93215959%
New Preston, CT93214848%
Source: The New Preston, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2016.