Cost Of Living in Georgetown, 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	Georgetown	Connecticut	National
Cost of living	164	118	100
Goods & Services	113	109	100
Groceries	105	102	100
Health care	110	109	100
Housing	285	137	100
Transportation	102	100	100
Utilities	131	130	100

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Cost Of Living Quick Facts

The cost of living in Georgetown is 39% higher than the Connecticut average
The cost of living in Georgetown is 64% higher than the national average
Georgetown housing is 185% 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	$149,444	$12,454	$3,487	$4,484
Renters	$46,094	$3,841	$1,075	$1,383

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	Georgetown	National avg.	Difference
Haircut	$32.33	$24.26	33.3%
Beauty Salon	$48.56	$45.56	6.6%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.50	$1.28	17.4%
Movie	$13.76	$12.13	13.4%
Bowling	$19.63	$18.00	9.0%

Groceries

Item	Georgetown	National avg.	Difference
Ground Beef	$6.34	$5.84	8.6%
Fried Chicken	$1.61	$1.57	2.4%
Milk	$4.73	$4.67	1.2%
Potatoes	$5.03	$4.93	1.9%
Pizza	$10.07	$12.09	16.7%
Beer	$10.62	$10.41	2.0%

Health Care

Item	Georgetown	National avg.	Difference
Optometrist	$140.10	$125.68	11.5%
Doctor	$143.23	$135.78	5.5%
Dentist	$123.00	$113.29	8.6%
Ibuprofen	$11.00	$10.65	3.3%
Lipitor	$401.34	$468.60	14.4%

Housing

Item	Georgetown	National avg.	Difference
Home Price	$636,800.00	$184,700.00	244.8%
Avg. Mortgage Payment	$1,857.27	$2,346.69	20.9%
Apartment Rent	$1,381.00	$949.00	45.5%

Transportation

Item	Georgetown	National avg.	Difference
Gasoline	$3.33	$3.46	3.7%
Tire Balancing	$57.68	$59.92	3.7%

Utilities

Item	Georgetown	National avg.	Difference
All Electricity	$281.67	$193.99	45.2%
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.
Cannondale, CT	440	112	12.4%
Copake Hamlet, NY	161	106	6.1%
Bridgeport, CT	145,014	109	8.9%
Carmel Hamlet, NY	6,278	125	24.6%
Bethel, CT	10,839	126	26.0%
Georgetown, CT	1,251	164	64.2%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Sunman, IN	1,251	94	6.4%
Lakewood Club, MI	1,251	88	12.3%
Marion, NY	1,251	87	12.8%
Curtice, OH	1,251	109	8.7%
Meadow View, VA	1,251	87	12.6%
Georgetown, CT	1,251	164	64.2%

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 Georgetown, CT