Cost Of Living in Essex Village, CT

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	Essex Village	Connecticut	National
Cost of living	169	118	100
Goods & Services	108	109	100
Groceries	99	102	100
Health care	113	109	100
Housing	307	137	100
Transportation	103	100	100
Utilities	133	130	100

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Cost Of Living Quick Facts

The cost of living in Essex Village is 43% higher than the Connecticut average
The cost of living in Essex Village is 69% higher than the national average
Essex Village housing is 207% 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
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	$162,697	$13,558	$3,796	$4,881
Renters	$44,777	$3,731	$1,045	$1,343

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	Essex Village	National avg.	Difference
Haircut	$39.78	$24.26	64.0%
Beauty Salon	$69.00	$45.56	51.4%
Toothpaste	$3.86	$3.70	4.2%
Shampoo	$1.47	$1.28	14.8%
Movie	$15.07	$12.13	24.2%
Bowling	$24.00	$18.00	33.3%

Groceries

Item	Essex Village	National avg.	Difference
Ground Beef	$6.28	$5.84	7.6%
Fried Chicken	$1.59	$1.57	1.4%
Milk	$4.83	$4.67	3.3%
Potatoes	$5.03	$4.93	2.0%
Pizza	$13.21	$12.09	9.3%
Beer	$10.53	$10.41	1.1%

Health Care

Item	Essex Village	National avg.	Difference
Optometrist	$134.70	$125.68	7.2%
Doctor	$162.26	$135.78	19.5%
Dentist	$136.03	$113.29	20.1%
Ibuprofen	$11.26	$10.65	5.7%
Lipitor	$375.63	$468.60	19.8%

Housing

Item	Essex Village	National avg.	Difference
Home Price	$567,400.00	$184,700.00	207.2%
Avg. Mortgage Payment	$3,730.18	$2,346.69	59.0%
Apartment Rent	$0.00	$949.00	100.0%

Transportation

Item	Essex Village	National avg.	Difference
Gasoline	$3.47	$3.46	0.2%
Tire Balancing	$63.33	$59.92	5.7%

Utilities

Item	Essex Village	National avg.	Difference
All Electricity	$296.64	$193.99	52.9%
Phone	$185.16	$192.25	3.7%

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.
Oxoboxo River, CT	2,772	106	5.8%
Waterford, CT	2,922	110	10.3%
Middletown, CT	46,406	112	12.4%
Moodus, CT	1,802	116	15.5%
Deep River Center, CT	2,638	119	18.6%
Essex Village, CT	2,757	169	68.8%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Tama, IA	2,757	78	21.6%
Guntown, MS	2,757	84	15.8%
Garden View, PA	2,757	94	5.7%
Wernersville, PA	2,757	102	2.0%
Eagle Lake, FL	2,758	90	9.8%
Essex Village, CT	2,757	169	68.8%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Essex Village, CT