Terryville 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.
Cost of living index117128100
Goods & Services index121123100
Groceries index128125100
Health care index119117100
Housing index108144100
Transportation index109105100
Utilities index128130100
An overview of the general cost of living index for Terryville, CT is displayed above for your reference. Residents in Terryville, CT enjoy a cost of living index of 117. This index is 9% lower than the Connecticut average, and 17% higher than the national average. The following categories are used when determining the cost of living index for any given city: health care (5%), transportation (9%), utilities (10%), groceries (13%), housing (30%), and goods/services (33%). Clearly, housing and goods/services make up the majority of the formula for calculating the cost of living index. Because of this, the general cost of living for any given area can be estimated by looking at the cost of everyday goods in that area. For those living in Terryville, CT, the average cost of goods and services is 2% lower than it is in Connecticut, and it is 21% higher than the national average.

Did you know?

  • The cost of living in Terryville is 9% lower than the Connecticut average.
  • The cost of living in Terryville is 17% higher than the national average.
  • The cost of housing in Terryville is 8% 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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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
The salary calculator is meant to help you compare your salary in Terryville, CT to your potential earning power in another city. This can help you deduce what your salary would need to be in any given city in order for you to live the same lifestyle that you do in your current city. In other words, if you plan on moving to a city where the cost of living is higher than in Terryville, CT, you'll have to make more money in the new city in order to maintain the lifestyle you currently enjoy. To use the Terryville, CT salary calculator, simply input the new city, then move the adjustable slider to match your current income. Once you've selected your income, the calculator will determine if that income is sufficient to support your standard of living in the new city you entered. The calculator will also supply you with a rundown of living costs in the new city.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
One can approximate the cost of living and the housing affordability in Terryville, CT by the percentage of a person’s income that he or she spends on the monthly housing, otherwise known as the debt-to-income ratio (DTI). To stay on the safe side and keep one’s head above the water, a consumer should never spend more than 28 percent of his or her gross income on housing-related expenses and costs and not more than 36 percent of income on all expenses and debts. Homeowners in Terryville, CT have a median income of $75,278. Therefore, the amount that a consumer should spend on housing costs should be no more than $1,756 per month to avoid calamity and poverty. The renters in the city have an income of about $34,474, which would make their monthly maximum allowable rental costs $804.

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
One thing to keep in mind when considering the cost of living in Terryville, CT is the Connecticut sales tax and Connecticut income tax rates. Sales taxes are taxes that are collected on most goods or services sold. Sales taxes can vary by state and can be as high as 7% and as low as 0% as not every state imposes a sales tax. The Connecticut sales tax rate is 6.35% and the maximum surtax that can be charged is 6.35%. Income tax is the tax imposed on income by both the federal and state government. The income tax rates varies by individual state and will also be higher or lower depending on the applicable tax bracket. The rates of state income tax can vary from 0% to more than 9%. The Connecticut income tax rates range from 3% to 6.7%.

Goods & Services

ItemTerryvilleNational 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%


ItemTerryvilleNational 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

ItemTerryvilleNational 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%


ItemTerryvilleNational avg.Difference
Home Price $189,700.00$175,700.008.0%
Avg. Mortgage Payment $1,493.00$1,081.0338.1%
Apartment Rent $990.00$920.007.6%


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


ItemTerryvilleNational 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.
Waterbury, CT109,88711111%
New Britain, CT73,09511313%
Torrington, CT35,77411414%
Heritage Village, CT4,12611616%
Meriden, CT60,61611616%
Terryville, CT5,12111717%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Dumfries, VA5,1221044%
Litchfield Park, AZ5,1221099%
Milan, IL5,12286-14%
North Hills, NY5,122221121%
West Hills, NY5,12416868%
Terryville, CT5,12111717%
Source: The Terryville, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.