Higganum, Connecticut Cost Of Living

Buy Rent

F

16%

Overall NAT. AVG.

14%

Goods & Services NAT. AVG.

25%

Housing NAT. AVG.

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Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Higganum	Connecticut	National
Cost of living	116	122	100
Goods & Services	114	118	100
Groceries	105	107	100
Health care	108	111	100
Housing	125	137	100
Transportation	104	111	100
Utilities	127	133	100

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Key findings

The cost of living in Higganum is 5% lower than the Connecticut average
The cost of living in Higganum is 16% higher than the national average
Higganum housing is 25% higher than the national average
Connecticut general sales tax is 25% higher than the national average
Connecticut state income tax is 22% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$96,771	$8,064	$2,258	$2,903
Renters	$0	$0	$0	$0

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%

Goods & Services

Item	Higganum	National avg.	Difference
Haircut	$31.40	$20.27	54.9%
Beauty Salon	$42.60	$40.39	5.5%
Toothpaste	$2.93	$2.36	24.2%
Shampoo	$0.98	$1.08	8.6%
Movie	$9.59	$10.99	12.7%
Bowling	$19.00	$15.49	22.7%

Groceries

Item	Higganum	National avg.	Difference
Ground Beef	$4.97	$4.30	15.6%
Fried Chicken	$1.51	$1.40	7.7%
Milk	$3.42	$2.20	55.4%
Potatoes	$3.83	$3.22	19.1%
Pizza	$9.26	$10.74	13.8%
Beer	$9.30	$9.60	3.1%

Health Care

Item	Higganum	National avg.	Difference
Optometrist	$155.00	$109.73	41.3%
Doctor	$117.00	$118.34	1.1%
Dentist	$107.00	$100.94	6.0%
Ibuprofen	$9.39	$9.93	5.4%
Lipitor	$520.95	$469.53	11.0%

Housing

Item	Higganum	National avg.	Difference
Home Price	$264,000.00	$184,700.00	42.9%
Avg. Mortgage Payment	$1,114.85	$1,229.62	9.3%
Apartment Rent	$792.00	$949.00	16.5%

Transportation

Item	Higganum	National avg.	Difference
Gasoline	$2.66	$2.71	1.7%
Tire Balancing	$59.40	$51.86	14.5%

Utilities

Item	Higganum	National avg.	Difference
All Electricity	$255.89	$170.84	49.8%
Phone	$182.20	$187.18	2.7%

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	Population	Cost of Living Index	National Avg.
New Britain, CT	72,876	105	5.3%
Meriden, CT	60,203	108	7.6%
Colchester, CT	4,475	112	11.9%
Portland, CT	5,607	112	12.3%
East Hampton, CT	2,693	113	13.2%
Higganum, CT	1,745	116	16.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Woodland Park, NE	1,745	88	11.5%
Mazomanie, WI	1,745	101	1.2%
Pineville, KY	1,744	80	19.7%
Merriam Woods, MO	1,746	81	18.8%
Shannon, MS	1,744	76	24.0%
Higganum, CT	1,745	116	16.2%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; this is the most current data available.