Niantic 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.
IndexNianticConnecticutNational
Cost of living index130128100
IndexNianticConnecticutNational
Goods & Services index121123100
Groceries index128125100
Health care index119117100
Housing index152144100
Transportation index109105100
Utilities index128130100

Did you know?

  • The cost of living in Niantic is 2% higher than the Connecticut average.
  • The cost of living in Niantic is 30% higher than the national average.
  • The cost of housing in Niantic is 52% 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.

Find Real Estate Listings In Niantic

Location
Price
Bedrooms
Bathrooms
 

New Real Estate Listings In Niantic

Compare Niantic, CT Cost of living To Other Cities

Salary Calculator

This is how much you would need to earn in
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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$81,250$6,771$1,896$2,438
Renters$47,946$3,996$1,119$1,439

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

ItemNianticNational 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

ItemNianticNational 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

ItemNianticNational 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

ItemNianticNational avg.Difference
Home Price $285,200.00$175,700.0062.3%
Avg. Mortgage Payment $1,493.00$1,081.0338.1%
Apartment Rent $1,164.00$920.0026.5%

Transportation

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

Utilities

ItemNianticNational 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.
Poquonock Bridge, CT1,64911414%
Long Hill, CT4,14811515%
New London, CT27,53611616%
Oxoboxo River, CT3,23011818%
Waterford, CT2,99412020%
Niantic, CT3,03213030%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Moosup, CT3,03211111%
Mount Morris, MI3,03281-19%
Southport, NC3,03211111%
Genoa City, WI3,03298-2%
Stamford, TX3,03377-23%
Niantic, CT3,03213030%
Source: The Niantic, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.