Cheshire Village, CT Cost Of Living
Cost Of Living In Cheshire Village, CT Summary
Cost of living in Cheshire Village research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cheshire Village is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cheshire Village is 125, with 100 being the average.
The cost of living index in Cheshire Village is 1.2x higher than the national average.
Cheshire Village ranks as the #43 cheapest in Connecticut out of 56.
Cheshire Village ranks as the #4,715 cheapest out of 6,489 in the US.
The median home value in Cheshire Village is $492,744.
The median income in Cheshire Village is $114,923.
Table Of Contents
Cheshire Village's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Cheshire Village, CT?
According to the most recent data on the cost of living, Cheshire Village has an overall cost of living index of 125, which is 1.2x higher than the national index of 100.
Compared to Connecticut, Cheshire Village has a cost of living index that's 1.1x higher than Connecticut's index of 119.
The standard of living in Cheshire Village ranks as #43 most affordable out of the 56 places we measured in Connecticut. By definition, that implies Cheshire Village ranks as the #13 most expensive place in the Constitution State.
For more reading on life in Cheshire Village, check out:
In Connecticut
In America
Cheshire Village Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Cheshire Village. Here is how it fairs on each of the criteria:
The Services index in Cheshire Village is 107.
The Groceries index in Cheshire Village is 99.
The Health index in Cheshire Village is 115.
The Housing index in Cheshire Village is 157.
The Transportation index in Cheshire Village is 103.
The Utilities index in Cheshire Village is 135.
| Living Expense | Cheshire Village | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 125 | 119 | 100 | |
| Services | 107 | 109 | 100 | |
| Groceries | 99 | 100 | 100 | |
| Health | 115 | 110 | 100 | |
| Housing | 157 | 137 | 100 | |
| Transportation | 103 | 101 | 100 | |
| Utilities | 135 | 131 | 100 | |
Cheshire Village, CT Housing Cost Breakdown
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2019-2023. The key points are:
The Median Home Value in Cheshire Village is $492,744.
The Median Rent in Cheshire Village is $1,090.
The Median Income in Cheshire Village is $114,923.
The Home Value To Income in Cheshire Village is 4.3x.
The Rent To Monthly Income in Cheshire Village is 0.11x.
| Statistic | Cheshire Village | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $492,744 | $430,086 | $303,400 |
| Median Rent | $1,090 | $1,431 | $1,348 |
| Median Income | $114,923 | $93,760 | $78,538 |
| Home Value To Income | 4.3x | 4.6x | 3.9x |
| Rent To Monthly Income | 0.11x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Cheshire Village, CT Costs By Category
Detailed Cheshire Village Services Costs Vs. Connecticut
| Item | Cheshire Village | Connecticut |
|---|---|---|
| Shampoo | $1.47 | $1.28 |
| Movie | $15.07 | $12.13 |
| Bowling | $24.0 | $18 |
| Haircut | $39.78 | $24.26 |
| Beauty Salon | $69.0 | $45.56 |
Detailed Cheshire Village Groceries Costs Vs. Connecticut
| Item | Cheshire Village | Connecticut |
|---|---|---|
| Ground Beef | $6.28 | $5.84 |
| Fried Chicken | $1.59 | $1.57 |
| Milk | $4.83 | $4.67 |
| Potatoes | $5.03 | $4.93 |
| Pizza | $13.21 | $12.09 |
| Beer | $10.53 | $10.41 |
| Toothpaste | $3.86 | $3.7 |
Detailed Cheshire Village Health Costs Vs. Connecticut
| Item | Cheshire Village | Connecticut |
|---|---|---|
| Optometrist | $134.7 | $125.68 |
| Doctor | $162.26 | $135.78 |
| Dentist | $136.03 | $113.29 |
Detailed Cheshire Village Transportation Costs Vs. Connecticut
| Item | Cheshire Village | Connecticut |
|---|---|---|
| Gasoline | $3.47 | $3.46 |
| Tire Balancing | $63.33 | $59.92 |
Detailed Cheshire Village Utilities Costs Vs. Connecticut
| Item | Cheshire Village | Connecticut |
|---|---|---|
| All Electricity | $296.64 | $193.99 |
| Phone | $185.16 | $192.25 |
Cheshire Village SnackAbility
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