Noank 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.
IndexNoankConnecticutNational
Cost of living index146128100
IndexNoankConnecticutNational
Goods & Services index123123100
Groceries index111125100
Health care index117117100
Housing index209144100
Transportation index111105100
Utilities index126130100

Did you know?

  • The cost of living in Noank is 14% higher than the Connecticut average.
  • The cost of living in Noank is 46% higher than the national average.
  • The cost of housing in Noank is 109% 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$110,208$9,184$2,571$3,307
Renters$43,750$3,646$1,021$1,313

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

ItemNoankNational avg.Difference
Haircut $15.00$14.592.8%
Beauty Salon $40.00$34.6815.3%
Toothpaste $2.50$2.471.1%
Shampoo $1.25$1.0222.3%
Movie $11.75$9.8719.1%
Bowling $4.75$4.398.2%

Groceries

ItemNoankNational avg.Difference
Ground Beef $4.49$4.480.3%
Fried Chicken $1.59$1.468.6%
Milk $3.39$2.3643.8%
Potatoes $3.99$3.0630.3%
Pizza $8.50$9.248.0%
Beer $8.32$8.633.6%

Health Care

ItemNoankNational avg.Difference
Optometrist $125.00$99.7825.3%
Doctor $149.00$105.0341.9%
Dentist $98.00$88.7010.5%
Ibuprofen $10.25$9.418.9%
Lipitor $293.99$298.501.5%

Housing

ItemNoankNational avg.Difference
Home Price $424,800.00$175,700.00141.8%
Avg. Mortgage Payment $1,392.30$1,081.0328.8%
Apartment Rent $1,206.00$920.0031.1%

Transportation

ItemNoankNational avg.Difference
Gasoline $2.33$2.0911.4%
Tire Balancing $49.00$45.298.2%

Utilities

ItemNoankNational avg.Difference
All Electricity$213.54$170.8025.0%
Phone $36.19$28.2628.1%
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.
Poquonock Bridge, CT1,64911414%
Long Hill, CT4,14811515%
New London, CT27,53611616%
Norwich, CT40,37811616%
Oxoboxo River, CT3,23011818%
Noank, CT2,10014646%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dryden, NY2,10097-3%
Murphy, NC2,10083-17%
Lake City, AR2,10080-20%
Englishtown, NJ2,10112929%
Ellaville, GA2,09983-17%
Noank, CT2,10014646%
Source: The Noank, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.