Southport, Connecticut Cost Of Living

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F

Overall 83%

Goods & Services 23%

Housing 227%

Date & Last Updated: This data reflects 2022 and was released from C2ER in January, 2022; 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	183	122	100
Goods & Services	123	118	100
Groceries	109	107	100
Health care	116	111	100
Housing	327	137	100
Transportation	120	111	100
Utilities	136	133	100

Key findings

The cost of living in Southport is 49% higher than the Connecticut average
The cost of living in Southport is 83% 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	$36.87	$20.27	81.9%
Beauty Salon	$68.00	$40.39	68.3%
Toothpaste	$3.20	$2.36	35.8%
Shampoo	$1.01	$1.08	6.5%
Movie	$13.68	$10.99	24.5%
Bowling	$19.53	$15.49	26.1%

Groceries

Item	Southport	National avg.	Difference
Ground Beef	$4.53	$4.30	5.5%
Fried Chicken	$1.49	$1.40	6.5%
Milk	$3.43	$2.20	55.6%
Potatoes	$3.68	$3.22	14.3%
Pizza	$10.46	$10.74	2.6%
Beer	$10.24	$9.60	6.7%

Health Care

Item	Southport	National avg.	Difference
Optometrist	$129.75	$109.73	18.2%
Doctor	$121.00	$118.34	2.3%
Dentist	$131.60	$100.94	30.4%
Ibuprofen	$9.79	$9.93	1.5%
Lipitor	$544.72	$469.53	16.0%

Housing

Item	Southport	National avg.	Difference
Home Price	$719,500.00	$184,700.00	289.6%
Avg. Mortgage Payment	$2,039.75	$1,229.62	65.9%
Apartment Rent	$1,705.00	$949.00	79.7%

Transportation

Item	Southport	National avg.	Difference
Gasoline	$3.01	$2.71	11.1%
Tire Balancing	$69.64	$51.86	34.3%

Utilities

Item	Southport	National avg.	Difference
All Electricity	$281.85	$170.84	65.0%
Phone	$182.20	$187.18	2.7%

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	Population	Cost of Living Index	National Avg.
Cannondale, CT	92	121	21.2%
Bridgeport, CT	147,022	110	10.4%
Derby, CT	12,755	114	13.6%
Ansonia, CT	18,950	115	15.0%
Stratford, CT	52,300	121	20.8%
Southport, CT	1,694	183	82.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Rossville, IL	1,694	77	23.2%
Norwood, NY	1,694	91	9.1%
Guthrie, KY	1,693	82	18.1%
Lebanon, NJ	1,693	123	22.9%
Eeyou Istchee Baie-James, QC	1,693	n/a
Southport, CT	1,694	183	82.8%

Source: This data reflects 2021 and was released from C2ER in January, 2022; this is the most current data available.