Cost of living in Simsbury Center 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 Simsbury Center 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 Simsbury Center is 126, with 100 being the average.
The cost of living index in Simsbury Center is 1.3x higher than the national average.
Simsbury Center ranks as the #45 cheapest in Connecticut out of 56.
Simsbury Center ranks as the #4,776 cheapest out of 6,489 in the US.
The median home value in Simsbury Center is $466,678.
The median income in Simsbury Center is $141,688.
According to the most recent data on the cost of living, Simsbury Center has an overall cost of living index of 126, which is 1.3x higher than the national index of 100.
Compared to Connecticut, Simsbury Center has a cost of living index that's 1.1x higher than Connecticut's index of 119.
The standard of living in Simsbury Center ranks as #45 most affordable out of the 56 places we measured in Connecticut. By definition, that implies Simsbury Center ranks as the #11 most expensive place in the Constitution State.
For more reading on life in Simsbury Center, check out:
Six factors go into calculating the cost of living index in Simsbury Center. Here is how it fairs on each of the criteria:
The Services index in Simsbury Center is 108.
The Groceries index in Simsbury Center is 102.
The Health index in Simsbury Center is 104.
The Housing index in Simsbury Center is 173.
The Transportation index in Simsbury Center is 98.
The Utilities index in Simsbury Center is 126.
| Living Expense | Simsbury Center | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 126 | 119 | 100 | |
| Services | 108 | 109 | 100 | |
| Groceries | 102 | 100 | 100 | |
| Health | 104 | 110 | 100 | |
| Housing | 173 | 137 | 100 | |
| Transportation | 98 | 101 | 100 | |
| Utilities | 126 | 131 | 100 | |
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 Simsbury Center is $466,678.
The Median Rent in Simsbury Center is $2,177.
The Median Income in Simsbury Center is $141,688.
The Home Value To Income in Simsbury Center is 3.3x.
The Rent To Monthly Income in Simsbury Center is 0.18x.
| Statistic | Simsbury Center | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $466,678 | $430,086 | $303,400 |
| Median Rent | $2,177 | $1,431 | $1,348 |
| Median Income | $141,688 | $93,760 | $78,538 |
| Home Value To Income | 3.3x | 4.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
| Item | Simsbury Center | Connecticut |
|---|---|---|
| Shampoo | $1.42 | $1.28 |
| Movie | $12.85 | $12.13 |
| Bowling | $18.33 | $18 |
| Haircut | $33.78 | $24.26 |
| Beauty Salon | $58.55 | $45.56 |
| Item | Simsbury Center | Connecticut |
|---|---|---|
| Ground Beef | $6.23 | $5.84 |
| Fried Chicken | $1.46 | $1.57 |
| Milk | $4.73 | $4.67 |
| Potatoes | $4.96 | $4.93 |
| Pizza | $10.79 | $12.09 |
| Beer | $10.49 | $10.41 |
| Toothpaste | $3.65 | $3.7 |
| Item | Simsbury Center | Connecticut |
|---|---|---|
| Optometrist | $166.22 | $125.68 |
| Doctor | $182.5 | $135.78 |
| Dentist | $127.0 | $113.29 |
| Item | Simsbury Center | Connecticut |
|---|---|---|
| Gasoline | $3.34 | $3.46 |
| Tire Balancing | $71.63 | $59.92 |
| Item | Simsbury Center | Connecticut |
|---|---|---|
| All Electricity | $302.09 | $193.99 |
| Phone | $185.16 | $192.25 |
The cost of living varies in the cities and towns around Simsbury Center. Here's a quick look at the cost of living in the most populous nearby places:
West Hartford, CT has a cost of living index of 124, 1.0x Simsbury Center.
Newington, CT has a cost of living index of 114, 0.9x Simsbury Center.
Wethersfield, CT has a cost of living index of 113, 0.9x Simsbury Center.
| City | Population | Cost Of Living | Vs. Simsbury Center |
|---|---|---|---|
| West Hartford, CT | 63,809 | 124 | 1.0x |
| Newington, CT | 30,551 | 114 | 0.9x |
| Wethersfield, CT | 27,180 | 113 | 0.9x |
| Longmeadow, MA | 15,724 | 129 | 1.0x |
| Windsor Locks, CT | 12,555 | 109 | 0.9x |
| Kensington, CT | 9,936 | 119 | 0.9x |
| Southwood Acres, CT | 8,154 | 113 | 0.9x |
| Hazardville, CT | 6,482 | 105 | 0.8x |
| Sherwood Manor, CT | 5,781 | 111 | 0.9x |