South Woodstock, Connecticut Cost Of Living

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F

Overall 15%

Goods & Services 15%

Housing 20%

Date & Last Updated: This data reflects 2019 and was released from C2ER in January, 2020; 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	South Woodstock	Connecticut	National
Cost of living	115	124	100
Goods & Services	115	123	100
Groceries	105	108	100
Health care	107	112	100
Housing	120	137	100
Transportation	110	114	100
Utilities	124	129	100

Key findings

The cost of living in South Woodstock is 7% lower than the Connecticut average
The cost of living in South Woodstock is 15% higher than the national average
South Woodstock housing is 20% 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	$113,750	$9,479	$2,654	$3,413
Renters	$31,888	$2,657	$744	$957

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	South Woodstock	National avg.	Difference
Haircut	$20.00	$17.49	14.4%
Beauty Salon	$56.67	$38.17	48.5%
Toothpaste	$2.55	$2.32	9.9%
Shampoo	$0.99	$1.01	2.2%
Movie	$12.75	$10.72	18.9%
Bowling	$18.00	$13.86	29.9%

Groceries

Item	South Woodstock	National avg.	Difference
Ground Beef	$3.77	$3.90	3.3%
Fried Chicken	$1.64	$1.40	17.5%
Milk	$2.64	$1.96	34.5%
Potatoes	$3.49	$3.18	9.6%
Pizza	$10.49	$10.39	0.9%
Beer	$10.32	$9.23	11.8%

Health Care

Item	South Woodstock	National avg.	Difference
Optometrist	$131.39	$106.34	23.6%
Doctor	$157.87	$115.25	37.0%
Dentist	$92.75	$98.38	5.7%
Ibuprofen	$9.49	$9.26	2.5%
Lipitor	$408.27	$466.47	12.5%

Housing

Item	South Woodstock	National avg.	Difference
Home Price	$230,300.00	$184,700.00	24.7%
Avg. Mortgage Payment	$1,558.54	$1,273.32	22.4%
Apartment Rent	$1,044.00	$949.00	10.0%

Transportation

Item	South Woodstock	National avg.	Difference
Gasoline	$2.65	$2.59	2.1%
Tire Balancing	$62.00	$48.90	26.8%

Utilities

Item	South Woodstock	National avg.	Difference
All Electricity	$235.76	$167.60	40.7%
Phone	$186.18	$163.42	13.9%

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, State	Population	Cost of Living Index	National Avg.
Willimantic, CT	17,339	104	4%
East Brooklyn, CT	1,722	105	5%
Danielson, CT	3,999	105	5%
Putnam, CT	7,129	106	6%
Wauregan, CT	1,346	107	7%
South Woodstock, CT	1,246	115	15%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Pioche, NV	1,246	93	-7%
Wrightsville, AR	1,246	80	-20%
Northfield, MA	1,246	116	16%
Shattuck, OK	1,246	81	-19%
Malaga, CA	1,246	92	-8%
South Woodstock, CT	1,246	115	15%

Source: The South Woodstock, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2019.

South Woodstock, CT Cost of Living

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