Cost Of Living in Collinsville, CT

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F

27%

Overall NAT. AVG.

8%

Groceries NAT. AVG.

70%

Housing NAT. AVG.

Date & Last Updated: These cost of living estimates reflect 2026 modeled data using U.S. Census housing inputs and AI-assisted city-level pricing models.

The cost of living index is based on a national average of 100. For example, if the cost of living score is 90, then the estimated cost of living is 10% lower than the national average. If the score is 110, then the estimated cost of living is 10% higher than average. The overall index is calculated using weighted estimates across major everyday expense categories, including housing (30%), groceries (16%), transportation (12%), healthcare (10%), utilities (8%), lifestyle and entertainment (8%), household expenses (8%), and education and childcare (8%). All values are AI-assisted city-level estimates designed for directional comparisons.
Index	Collinsville	Connecticut	National
Cost of living	127	118	100
Groceries	108	106	100
Health care	113	111	100
Housing	170	139	100
Transportation	105	107	100
Utilities	109	108	100
Lifestyle & Entertainment	113	110	100
Household Items	104	106	100
Education & Childcare	110	116	100

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Homes For Sale In Collinsville, CT

803 Timber Ln #803

Collinsville, CT

35 Dyer Ave

Collinsville, CT

Cost Of Living Quick Facts

The cost of living in Collinsville is 8% higher than the Connecticut average
The cost of living in Collinsville is 27% higher than the national average
Collinsville housing is 70% higher than the national average
Connecticut general sales tax is 24% higher than the national average
Connecticut state income tax is 16% higher than the national average

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$186,065	$15,505	$4,341	$5,583
Renters	$67,658	$5,638	$1,579	$2,030

The affordability of the housing market in Collinsville, CT as well as the overall cost of living can be predicted 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 be spent on the overall costs related to housing and no more than 36% of gross income on all expenses and debts. Among Collinsville homeowners, the median income is $186,065. This indicates that a monthly maximum of $4,341 should be spent by homeowners on all housing related costs. Renters have a median income of $67,658. This indicates that renters would have a maximum of $1,579 for their rent related monthly costs.

Connecticut Sales Tax

State	General Sales Tax	With Max Surtax
Connecticut	6.35%	6.35%

Connecticut Income Tax

State	Income Tax (Low)	Income Tax (High)
Connecticut	3%	6.99%

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Blue Hills, CT	2,652	104	3.6%
Torrington, CT	35,543	102	2.3%
Winsted, CT	6,761	103	2.9%
New Britain, CT	74,963	104	4.4%
Hartford, CT	125,397	106	5.6%
Collinsville, CT	3,849	127	26.9%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Penhold, AB	3,849	n/a
San Andreas, CA	3,850	125	24.9%
Shingle Springs, CA	3,847	152	52.2%
North Yelm, WA	3,847	106	6.3%
Emmetsburg, IA	3,851	89	10.7%
Collinsville, CT	3,849	127	26.9%