Cost of Living in Mystic, CT

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F
35%
Overall NAT. AVG.
7%
Groceries NAT. AVG.
100%
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 Mystic Connecticut National
Cost of living135118100
Groceries107106100
Health care109111100
Housing200139100
Transportation105107100
Utilities107108100
Lifestyle & Entertainment110110100
Household Items103106100
Education & Childcare113116100
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Homes For Sale In Mystic, CT

property for sale

4 Judson Ave

Mystic, CT
property for sale

45 Hewitt Rd Unit A1

Mystic, CT
property for sale

12 Bank St

Mystic, CT
property for sale

83 Old North Rd

Mystic, CT

Cost Of Living Quick Facts

  • The cost of living in Mystic is 15% higher than the Connecticut average
  • The cost of living in Mystic is 35% higher than the national average
  • Mystic housing is 100% 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

Most Affordable Places to Live in and Around Mystic

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Compare Mystic, CT Cost of Living

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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
      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$224,770$18,731$5,244$6,744
      Renters$108,974$9,081$2,543$3,270
      A good indicator of the general affordability of housing in Mystic, CT, is the percentage of monthly income that should be spent on housing expenses, otherwise known as the debt-to-income ratio (DTI). Generally speaking, no more than 28 percent of your total gross income should be spent on your housing expenses and not more than 36 percent of your gross income on total expenses, including debts. In Mystic, the median monthly income is $224,770 for those who own their own homes. Under the standard rule, that income level would allow for $5,244 to be budgeted for housing expenses each month, at the most. Renters, on the other hand, earn about $108,974, per the median income in the area. That would allow for renters to spend up to $2,543 on monthly rental expenses.

      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.
      Fishers Island, NY631077.4%
      Hopkinton, RI6281022.1%
      Poquonock Bridge, CT1,7011054.5%
      Norwich, CT40,6611055.1%
      Oxoboxo River, CT2,8551066.0%
      Mystic, CT4,89313535.3%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Highlands, NJ4,89312323.2%
      Ellisburg, NJ4,89111616.0%
      Crystal Springs, MS4,8958217.7%
      Madisonville, TX4,8908515.1%
      Goddard, KS4,896936.8%
      Mystic, CT4,89313535.3%
      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.
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