According to the most recent data on the cost of living, Pawcatuck has an overall cost of living index of 115 which is 1.1x higher than the national index of 100.
Compared to only Connecticut, Pawcatuck has a cost of living index that's 0.9x lower than Connecticut's index of 124.
The standard of living in Pawcatuck ranks as #4502 most affordable out of the 6522 places we measured in Connecticut. By definition, that implies Pawcatuck ranks as the #1904 most expensive place in the Constitution State.
Living Expense | Pawcatuck | Connecticut | National Average | |
---|---|---|---|---|
Overall | 115 | 124 | 100 | |
Services | 115 | 123 | 100 | |
Groceries | 105 | 108 | 100 | |
Health | 107 | 112 | 100 | |
Housing | 119 | 137 | 100 | |
Transportation | 110 | 114 | 100 | |
Utilities | 124 | 129 | 100 |
Housing swings affordability the most between places in Connecticut, so we broke down the statistics around housing costs into more detail. It's also important to consider median household incomes to make apples-to-apples comparisons across locations.
Home and income come data comes from the most recent US Census ACS 2014-2018.
Statistic | Pawcatuck | Connecticut | United States |
---|---|---|---|
Median Home Value | $244,600 | $272,700 | $204,900 |
Median Rent | $832 | $1,156 | $1,023 |
Median Income | $57,634 | $76,106 | $60,293 |
Home Value To Income | 4.2x | 3.6x | 3.4x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
City | Population | Cost Of Living | Vs. Pawcatuck | Westerly, RI | 17,435 | 121 | 1.1x | Conning Towers Nautilus Park, CT | 9,749 | 121 | 1.1x | Groton, CT | 9,109 | 112 | 1.0x |
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