Overall 12%
Goods & Services 17%
Housing 0%
Date & Last Updated: This data reflects 2020 and was released from C2ER in January, 2021; 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.
IndexAnnexNew HavenConnecticut
Cost of living112114123
Goods & Services117117119
Health care110110111

Key findings

  • The cost of living in Annex is 9% lower than the New Haven average
  • The cost of living in Annex is 12% higher than the national average
  • Annex housing is equal to 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 IncomePer YearPer MonthMax Budget (28% DTI)Max Budget (36% DTI)

      Connecticut Sales Tax

      StateGeneral Sales TaxWith Max Surtax

      Connecticut Income Tax

      StateIncome Tax (Low)Income Tax (High)

      Goods & Services

      ItemNew HavenNational avg.Difference
      Haircut $27.97$18.6250.2%
      Beauty Salon $47.72$39.0522.2%
      Toothpaste $2.08$2.3411.2%
      Shampoo $0.97$1.067.8%
      Movie $11.57$10.688.3%
      Bowling $17.47$14.6719.1%


      ItemNew HavenNational avg.Difference
      Ground Beef $4.66$4.2210.5%
      Fried Chicken $1.51$1.398.9%
      Milk $2.52$2.0522.8%
      Potatoes $4.12$3.2925.2%
      Pizza $9.41$10.6211.4%
      Beer $10.04$9.387.0%

      Health Care

      ItemNew HavenNational avg.Difference
      Optometrist $112.13$108.573.3%
      Doctor $130.27$116.1712.1%
      Dentist $107.76$99.138.7%
      Ibuprofen $9.62$9.680.6%
      Lipitor $548.84$466.9217.5%


      ItemNew HavenNational avg.Difference
      Home Price $190,700.00$184,700.003.2%
      Avg. Mortgage Payment $1,269.94$1,197.426.1%
      Apartment Rent $1,121.00$949.0018.1%


      ItemNew HavenNational avg.Difference
      Gasoline $2.30$2.223.2%
      Tire Balancing $56.11$50.0712.1%


      ItemNew HavenNational avg.Difference
      All Electricity$302.49$167.6780.4%
      Phone $178.60$175.641.7%
      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.
      Naugatuck, CT31,62511111%
      West Haven, CT54,97211414%
      Derby, CT12,75511515%
      Ansonia, CT18,95011616%
      East Haven, CT29,01511616%
      New Haven, CT130,40511414%

      Cities with similar population

      City, StatePopulationCost of Living IndexNational Avg.
      Thornton, CO130,5111077%
      Waco, TX130,65985-15%
      Charleston, SC129,88811111%
      Enterprise, NV129,62011212%
      Cedar Rapids, IA129,53793-7%
      New Haven, CT130,40511414%
      Source: The Annex, New Haven, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.