Willimantic 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.
IndexWillimanticConnecticutNational
Cost of living index111128100
IndexWillimanticConnecticutNational
Goods & Services index121123100
Groceries index128125100
Health care index119117100
Housing index88144100
Transportation index109105100
Utilities index128130100
A general summary of the cost of living index in Willimantic, CT is shown above. Compared to the state average of Connecticut the cost of living index in Willimantic, CT is 111, which is 13% lower than the average in Connecticut and compared to the national average it is 11% higher than. The cost of living index is made up of several categories. These are transportation at 9%, utilities at 10%, goods and services at 33%, housing at 30%, groceries at 13%, and health care at 5%. The bulk of the cost of living index comes from the categories of goods and services and housing. If you look at everyday goods and services they can be a good indicator in a certain city of the general costs of goods there. In Willimantic, CT goods and services come in at 2% lower than the average in Connecticut and are 21% higher than compared to the nationwide average.

Did you know?

  • The cost of living in Willimantic is 13% lower than the Connecticut average.
  • The cost of living in Willimantic is 11% higher than the national average.
  • The cost of housing in Willimantic is 12% lower 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 Willimantic, 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 Willimantic, 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 Willimantic, CT, you have to earn a higher income in order to still have the same standard of living. To operate the Willimantic, 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$63,799$5,317$1,489$1,914
Renters$22,977$1,915$536$689
The affordability of the housing market in Willimantic, CT as well as the overall cost of living can be indicated accurately by what percent of the monthly income is spent on housing related costs. This is konwn as the debt-to-income ratio (DTI). The overall rule of thumb is that no more than 28% of your gross income should ever be used on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Willimantic, CT homeowners, the median income is $63,799. This indicates that a monthly maximum of $1,489 should be spent by homeowners on all housing related costs. Renters have a median income of $22,977. This indicates that renters should have a maximum of $536 used for their rent related monthly costs.

Connecticut Sales Tax

StateGeneral Sales TaxWith Max Surtax
Connecticut6.35%6.35%

Connecticut Income Tax

StateIncome Tax (Low)Income Tax (High)
Connecticut3%6.7%
For those who live in Willimantic, CT and want to know what the true cost of living is, they ought to look at both the Connecticut income tax rate and the Connecticut sales tax rate. By sales tax, we mean the taxes that are included whenever a person is purchasing any goods or services. The amount that is taxed depends upon the particular state, where some states have a sales tax of zero percent while others can have a tax higher than seven percent. In Connecticut, the sales tax is 6.35%, while the most you'll pay in surtax is 6.35%. There is also income tax to consider, which is based upon the amount of money made in a year. Just like sales tax, income tax depends upon the particular state but also depends upon what tax bracket the person is in. Income tax for the state can be higher than nine percent in some states to zero percent in others. For those that live in Connecticut, the income tax rate ranges between 3% to 6.7%.

Goods & Services

ItemWillimanticNational 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

ItemWillimanticNational 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

ItemWillimanticNational 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

ItemWillimanticNational avg.Difference
Home Price $155,400.00$175,700.0011.6%
Avg. Mortgage Payment $1,493.00$1,081.0338.1%
Apartment Rent $810.00$920.0012.0%

Transportation

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

Utilities

ItemWillimanticNational 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.
Jewett City, CT3,48811313%
Baltic, CT1,14211515%
Rockville, CT7,34811515%
Norwich, CT40,37811616%
South Windham, CT1,60311717%
Willimantic, CT17,84511111%

Cities with similar population

City, StatePopulationCost of Living IndexNational Avg.
Burke Centre, VA17,84213737%
Creve Coeur, MO17,84112222%
Tiffin, OH17,83588-12%
New Castle, IN17,85974-26%
Wallingford Center, CT17,82412424%
Willimantic, CT17,84511111%
Source: The Willimantic, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for the fourth quarter of 2015.