Southport, Connecticut Cost Of Living

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F

Overall 81%

Goods & Services 22%

Housing 227%

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.
Index	Southport	Connecticut	National
Cost of living	181	123	100
Goods & Services	122	119	100
Groceries	106	106	100
Health care	117	111	100
Housing	327	137	100
Transportation	116	110	100
Utilities	131	133	100

Key findings

The cost of living in Southport is 48% higher than the Connecticut average
The cost of living in Southport is 81% higher than the national average
Southport housing is 227% 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	$197,125	$16,427	$4,599	$5,914
Renters	$40,598	$3,383	$947	$1,218

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	Southport	National avg.	Difference
Haircut	$32.76	$18.62	75.9%
Beauty Salon	$65.09	$39.05	66.7%
Toothpaste	$2.13	$2.34	9.2%
Shampoo	$0.96	$1.06	9.1%
Movie	$13.09	$10.68	22.5%
Bowling	$18.83	$14.67	28.3%

Groceries

Item	Southport	National avg.	Difference
Ground Beef	$4.44	$4.22	5.1%
Fried Chicken	$1.42	$1.39	2.7%
Milk	$2.65	$2.05	29.2%
Potatoes	$3.98	$3.29	21.0%
Pizza	$9.41	$10.62	11.4%
Beer	$10.04	$9.38	7.0%

Health Care

Item	Southport	National avg.	Difference
Optometrist	$127.50	$108.57	17.4%
Doctor	$118.17	$116.17	1.7%
Dentist	$132.27	$99.13	33.4%
Ibuprofen	$9.25	$9.68	4.4%
Lipitor	$544.72	$466.92	16.7%

Housing

Item	Southport	National avg.	Difference
Home Price	$719,500.00	$184,700.00	289.6%
Avg. Mortgage Payment	$1,979.48	$1,197.42	65.3%
Apartment Rent	$1,705.00	$949.00	79.7%

Transportation

Item	Southport	National avg.	Difference
Gasoline	$2.33	$2.22	4.7%
Tire Balancing	$69.75	$50.07	39.3%

Utilities

Item	Southport	National avg.	Difference
All Electricity	$261.22	$167.67	55.8%
Phone	$178.60	$175.64	1.7%

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, State	Population	Cost of Living Index	National Avg.
Cannondale, CT	92	119	19%
Bridgeport, CT	147,022	112	12%
Derby, CT	12,755	115	15%
Ansonia, CT	18,950	116	16%
Stratford, CT	52,300	122	22%
Southport, CT	1,694	181	81%

Cities with similar population

City, State	Population	Cost of Living Index	National Avg.
Norwood, NY	1,694	91	-9%
Rossville, IL	1,694	79	-21%
Lebanon, NJ	1,693	124	24%
Guthrie, KY	1,693	83	-17%
Owenton, KY	1,696	82	-18%
Southport, CT	1,694	181	81%

Source: The Southport, CT cost of living data displayed above is derived from the Council for Community and Economic Research (C2ER) for 2020.