Cost of Living in Sharon, CT

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B+
7%
Overall NAT. AVG.
5%
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 Sharon Connecticut National
Cost of living107118100
Groceries105106100
Health care107111100
Housingn/a139100
Transportation106107100
Utilities107108100
Lifestyle & Entertainment107110100
Household Items105106100
Education & Childcare115116100
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Homes For Sale In Sharon, CT

property for sale

130 Sharon Mountain Rd

Sharon, CT
property for sale

92 Amenia Rd

Sharon, CT
property for sale

222-224 W Cornwall RD

Sharon, CT
property for sale

120 Sharon Valley Rd

Sharon, CT

Cost Of Living Quick Facts

  • The cost of living in Sharon is 9% lower than the Connecticut average
  • The cost of living in Sharon is 7% higher than the national average
  • Sharon housing is 25% 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 Sharon

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      Cost of living index
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      Housing index
      Transportation index
      Utilities index
      Lifestyle index
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      Educare index

      Median Income & Debt-To-Income Ratio

      Median Income Per Year Per Month Max Budget (28% DTI) Max Budget (36% DTI)
      Owners$200,023$16,669$4,667$6,001
      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%

      Nearby cities with low cost of living

      City Population Cost of Living Index National Avg.
      Bantam, CT6181011.0%
      Dover Plains, NY1,0871043.9%
      Canaan, CT1,2751044.1%
      Norfolk, CT65311010.0%
      Millerton, NY92911010.5%
      Sharon, CT6551077.2%

      Cities with similar population

      City Population Cost of Living Index National Avg.
      Norphlet, AR6558514.8%
      Valley Acres, CA6551054.8%
      Swea City, IA6558020.0%
      Addison, MI6558514.9%
      New Lothrop, MI6558812.4%
      Sharon, CT6551077.2%
      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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