Cost of living in Terryville 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 Terryville 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 Terryville is 105, with 100 being the average.
The cost of living index in Terryville is 1.1x higher than the national average.
Terryville ranks as the #11 cheapest in Connecticut out of 56.
Terryville ranks as the #3,177 cheapest out of 6,489 in the US.
The median home value in Terryville is $276,949.
The median income in Terryville is $73,438.
According to the most recent data on the cost of living, Terryville has an overall cost of living index of 105, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Terryville has a cost of living index that's 0.9x lower than Connecticut's index of 119.
The standard of living in Terryville ranks as #11 most affordable out of the 56 places we measured in Connecticut. By definition, that implies Terryville ranks as the #45 most expensive place in the Constitution State.
For more reading on life in Terryville, check out:
Six factors go into calculating the cost of living index in Terryville. Here is how it fairs on each of the criteria:
The Services index in Terryville is 110.
The Groceries index in Terryville is 99.
The Health index in Terryville is 104.
The Housing index in Terryville is 103.
The Transportation index in Terryville is 97.
The Utilities index in Terryville is 128.
| Living Expense | Terryville | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 105 | 119 | 100 | |
| Services | 110 | 109 | 100 | |
| Groceries | 99 | 100 | 100 | |
| Health | 104 | 110 | 100 | |
| Housing | 103 | 137 | 100 | |
| Transportation | 97 | 101 | 100 | |
| Utilities | 128 | 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 Terryville is $276,949.
The Median Rent in Terryville is $1,130.
The Median Income in Terryville is $73,438.
The Home Value To Income in Terryville is 3.8x.
The Rent To Monthly Income in Terryville is 0.18x.
| Statistic | Terryville | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $276,949 | $430,086 | $303,400 |
| Median Rent | $1,130 | $1,431 | $1,348 |
| Median Income | $73,438 | $93,760 | $78,538 |
| Home Value To Income | 3.8x | 4.6x | 3.9x |
| Rent To Monthly Income | 0.18x | 0.18x | 0.21x |
| Item | Terryville | 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 | Terryville | 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 | Terryville | Connecticut |
|---|---|---|
| Optometrist | $166.22 | $125.68 |
| Doctor | $182.5 | $135.78 |
| Dentist | $127.0 | $113.29 |
| Item | Terryville | Connecticut |
|---|---|---|
| Gasoline | $3.34 | $3.46 |
| Tire Balancing | $71.63 | $59.92 |
| Item | Terryville | Connecticut |
|---|---|---|
| All Electricity | $302.09 | $193.99 |
| Phone | $185.16 | $192.25 |
The cost of living varies in the cities and towns around Terryville. Here's a quick look at the cost of living in the most populous nearby places:
Waterbury, CT has a cost of living index of 99, 0.9x Terryville.
New Britain, CT has a cost of living index of 104, 1.0x Terryville.
West Hartford, CT has a cost of living index of 124, 1.2x Terryville.
| City | Population | Cost Of Living | Vs. Terryville |
|---|---|---|---|
| Waterbury, CT | 114,356 | 99 | 0.9x |
| New Britain, CT | 73,301 | 104 | 1.0x |
| West Hartford, CT | 63,809 | 124 | 1.2x |
| Bristol, CT | 61,129 | 106 | 1.0x |
| Newington, CT | 30,551 | 114 | 1.1x |
| Wethersfield, CT | 27,180 | 113 | 1.1x |
| Kensington, CT | 9,936 | 119 | 1.1x |
| Oakville, CT | 9,233 | 113 | 1.1x |