Cost Of Living in Waterford, CT

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12%

Overall NAT. AVG.

7%

Groceries NAT. AVG.

21%

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	Waterford	Connecticut	National
Cost of living	112	118	100
Groceries	107	106	100
Health care	109	111	100
Housing	121	139	100
Transportation	105	107	100
Utilities	107	108	100
Lifestyle & Entertainment	110	110	100
Household Items	103	106	100
Education & Childcare	113	116	100

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Homes For Sale In Waterford, CT

1 Middle St

Waterford, CT

599 Vauxhall Street Ext

Waterford, CT

35 Scotch Cap Rd

Quaker Hill, CT

12 Lindros Ln

Waterford, CT

Cost Of Living Quick Facts

The cost of living in Waterford is 5% lower than the Connecticut average
The cost of living in Waterford is 12% higher than the national average
Waterford housing is 21% 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

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Price difference in compared to

Cost of living index
Groceries index
Health care index
Housing index
Transportation index
Utilities index
Lifestyle index
Household index
Educare index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$96,936	$8,078	$2,262	$2,908
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.
Fishers Island, NY	63	107	7.4%
Poquonock Bridge, CT	1,701	105	4.5%
Norwich, CT	40,661	105	5.1%
Oxoboxo River, CT	2,855	106	6.0%
New London, CT	27,712	107	6.9%
Waterford, CT	3,011	112	11.5%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gambrills, MD	3,011	140	40.2%
Collins, MS	3,011	79	21.0%
Schulenburg, TX	3,011	89	11.4%
Saint-Paul-d'Abbotsford, QC	3,010	n/a
Southern Shores, NC	3,012	150	50.3%
Waterford, CT	3,011	112	11.5%

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.

Cost of Living in Waterford, CT

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Cost Of Living Quick Facts

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Median Income & Debt-To-Income Ratio

Connecticut Sales Tax

Connecticut Income Tax

Nearby cities with low cost of living

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