Pemberwick 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.
IndexPemberwickConnecticutNational
Cost of living index182128100
IndexPemberwickConnecticutNational
Goods & Services index126123100
Groceries index122125100
Health care index115117100
Housing index321144100
Transportation index100105100
Utilities index132130100
The above illustration supplies generalized information for the Pemberwick, CT cost of living index. Compared to other cities in Connecticut and cities across the country, the cost of living index in Pemberwick, CT is 182, which is 41% higher than the Connecticut average and 82% higher than that for the entire country. The index is comprised of the following criteria: cost of retail goods and services (33%), groceries (13%), health care (5%), housing (30%), cost of public/private transportation (9%) and utilities (10%). Everyday goods and services, along with housing account for 63 percent of the total cost of living index. Goods and services that are a necessity regardless of location provide an accurate general sense of the cost of living in one city versus another. As seen above, the cost of retail goods and services in Pemberwick, CT are 2% higher than the average for Connecticut and 26% higher than the rest of the country.

Did you know?

  • The cost of living in Pemberwick is 41% higher than the Connecticut average.
  • The cost of living in Pemberwick is 82% higher than the national average.
  • The cost of housing in Pemberwick is 221% 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 Pemberwick, CT Cost of living To Other Cities

Salary Calculator

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Use the salary calculator to compare your current salary in Pemberwick, CT to any other city. The salary calculator will tell you how much you would need to earn in any given city to maintain the same standard of living based on the cost of living in each city. For example, if the cost of living in the city you are looking to relocate to is higher than the cost of living in Pemberwick, CT, then you would need to earn more income in order to maintain the same standard of living. To use the Pemberwick, CT salary calculator, simply enter in the name of the new city, then adjust the slider to your current income. The salary calculator will do the rest and let you know if you need to earn more or less in the new city. You will also see a complete breakdown of the cost of living.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$104,571$8,714$2,440$3,137
Renters$87,721$7,310$2,047$2,632
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Pemberwick, CT, as well as what the average cost of living is. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payment and not more than 36 percent of income on all expenses and debts. In Pemberwick, CT homeowners have a median income of $104,571. Using that number, you will come up with a maximum of $2,440 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $87,721, which means there is a maximum of $2,047 to be spent on the costs of renting a home or apartment.

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.7%
When you are determining the total cost of living in Pemberwick, CT you will want to make sure you consider both the Connecticut sales tax and the Connecticut income tax rates. Sales tax come in the form of taxes levied on both services and goods that are sold. The sales tax rates are different state to state and range from zero sales tax to higher than 7%. The sales tax in Connecticut is 6.35%, with the highest surtax being 6.35%. Tax that is on income by the government is income tax. Different states have different income tax rates and these rates can be higher or lower dependent on the corresponding tax bracket. The state income tax rates are different state to state and range from no income tax to more than 9% income tax. The income tax rates in Connecticut have a range from 3% to 6.7%.

Goods & Services

ItemPemberwickNational avg.Difference
Haircut $20.00$14.5937.0%
Beauty Salon $67.50$34.6894.6%
Toothpaste $4.04$2.4763.3%
Shampoo $0.88$1.0213.9%
Movie $14.75$9.8749.5%
Bowling $7.94$4.3980.8%

Groceries

ItemPemberwickNational avg.Difference
Ground Beef $3.99$4.4810.9%
Fried Chicken $1.04$1.4629.0%
Milk $2.26$2.364.1%
Potatoes $3.92$3.0628.0%
Pizza $10.00$9.248.2%
Beer $9.82$8.6313.8%

Health Care

ItemPemberwickNational avg.Difference
Optometrist $111.67$99.7811.9%
Doctor $123.75$105.0317.8%
Dentist $110.00$88.7024.0%
Ibuprofen $10.33$9.419.8%
Lipitor $299.00$298.500.2%

Housing

ItemPemberwickNational avg.Difference
Home Price $658,200.00$175,700.00274.6%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,807.00$920.0096.4%

Transportation

ItemPemberwickNational avg.Difference
Gasoline $2.06$2.091.5%
Tire Balancing $47.99$45.296.0%

Utilities

ItemPemberwickNational avg.Difference
All Electricity$262.56$170.8053.7%
Phone $29.01$28.262.7%
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.
Greenville, NY5731044%
Haverstraw, NY12,06013232%
Hartsdale, NY5,34613636%
Fairview CDP (Westchester County), NY2,97814040%
Mount Vernon, NY67,96215353%
Pemberwick, CT4,05818282%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
University Gardens, NY4,05918585%
Friona, TX4,05978-22%
Avenue B and C, AZ4,05985-15%
Gatlinburg, TN4,05991-9%
June Park, FL4,05998-2%
Pemberwick, CT4,05818282%
Source: The Pemberwick, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.