Westport 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.
IndexWestportConnecticutNational
Cost of living index221128100
IndexWestportConnecticutNational
Goods & Services index126123100
Groceries index122125100
Health care index115117100
Housing index454144100
Transportation index100105100
Utilities index132130100
Displayed above is a general overview of the Westport, CT cost of living index. The overall cost of living index in Westport, CT is 221, which is 72% higher than the Connecticut average and 121% higher than the national average. The cost of living index is created from the following categories: goods/services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). As you can see, goods/services and housing make up the majority of the overall cost of living index. Everyday goods and services can be a good indicator of the general cost of goods in a given city. In this case, the goods and services in Westport, CT are 2% higher than the Connecticut average and 26% higher than the national average.

Did you know?

  • The cost of living in Westport is 72% higher than the Connecticut average.
  • The cost of living in Westport is 121% higher than the national average.
  • The cost of housing in Westport is 354% 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 Westport, CT Cost of living To Other Cities

Salary Calculator

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Using the salary calculator lets you compare the salary you earn in Westport, CT to what it is in other cities. It will let you know what your earnings would have to be in another city to have the same standard of living, as determined by the cost of living in each city. For example, if the cost of living in the area you want to move to is higher than the cost of living in Westport, CT, you have to earn a higher income in order to still have the same standard of living. To operate the Westport, CT salary calculator, put in the name of the other city, then move the slider to the point that represents the current income. The salary calculator will take care of the rest and tell you how much more or less you must earn in the new city. A Total breakdown of the cost of living is also provided.

Median Income & Debt-To-Income Ratio

Median IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)
Owners$169,153$14,096$3,947$5,075
Renters$66,500$5,542$1,552$1,995
How much of your monthly income goes to housing can tell you whether or not you can afford housing in Westport, 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 Westport, CT homeowners have a median income of $169,153. Using that number, you will come up with a maximum of $3,947 per month that can be spent on the cost of housing. For those who are renting instead of owning, the median income is $66,500, which means there is a maximum of $1,552 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%
The Connecticut sales tax and Connecticut income tax rates should definitely be considered when determining the overall cost of living in Westport, CT. Sales taxes are taxes that are imposed onto goods and services sold. Sales taxes do vary by state and can range from no tax at all to upwards of 7%. The Connecticut sales tax is 6.35% and the maximum surtax is 6.35%. Income tax is the tax imposed on income by the government. The income tax rates will vary by state and will also increase or decrease depending on the corresponding tax bracket. State income tax rates can range from anywhere from no tax at all to more than 9%. The Connecticut income tax rates range from 3% to 6.7%.

Goods & Services

ItemWestportNational 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

ItemWestportNational 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

ItemWestportNational 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

ItemWestportNational avg.Difference
Home Price $1,104,700.00$175,700.00528.7%
Avg. Mortgage Payment $2,127.00$1,081.0396.8%
Apartment Rent $1,690.00$920.0083.7%

Transportation

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

Utilities

ItemWestportNational 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.
Bridgeport, CT146,68011717%
Derby, CT12,83712121%
Stratford, CT52,09212727%
Milford, CT51,50913535%
Shelton, CT40,47213838%
Westport, CT27,055221121%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Mount Juliet, TN27,0531033%
Thomasville, NC27,04284-16%
Eureka, CA27,03912020%
Forest Hills, MI27,07211313%
Danvers, MA27,07514444%
Westport, CT27,055221121%
Source: The Westport, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.