Thompsonville, CT Cost Of Living
Cost Of Living In Thompsonville, CT Summary
Cost of living in Thompsonville 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 Thompsonville 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 Thompsonville is 108, with 100 being the average.
The cost of living index in Thompsonville is 1.1x higher than the national average.
Thompsonville ranks as the #17 cheapest in Connecticut out of 56.
Thompsonville ranks as the #3,467 cheapest out of 6,489 in the US.
The median home value in Thompsonville is $294,744.
The median income in Thompsonville is $71,714.
Table Of Contents
Thompsonville's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Thompsonville, CT?
According to the most recent data on the cost of living, Thompsonville has an overall cost of living index of 108, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Thompsonville has a cost of living index that's 0.9x lower than Connecticut's index of 119.
The standard of living in Thompsonville ranks as #17 most affordable out of the 56 places we measured in Connecticut. By definition, that implies Thompsonville ranks as the #39 most expensive place in the Constitution State.
For more reading on life in Thompsonville, check out:
In Connecticut
In America
Thompsonville Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Thompsonville. Here is how it fairs on each of the criteria:
The Services index in Thompsonville is 108.
The Groceries index in Thompsonville is 103.
The Health index in Thompsonville is 101.
The Housing index in Thompsonville is 105.
The Transportation index in Thompsonville is 97.
The Utilities index in Thompsonville is 125.
| Living Expense | Thompsonville | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 108 | 119 | 100 | |
| Services | 108 | 109 | 100 | |
| Groceries | 103 | 100 | 100 | |
| Health | 101 | 110 | 100 | |
| Housing | 105 | 137 | 100 | |
| Transportation | 97 | 101 | 100 | |
| Utilities | 125 | 131 | 100 | |
Thompsonville, 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 Thompsonville is $294,744.
The Median Rent in Thompsonville is $1,364.
The Median Income in Thompsonville is $71,714.
The Home Value To Income in Thompsonville is 4.1x.
The Rent To Monthly Income in Thompsonville is 0.23x.
| Statistic | Thompsonville | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $294,744 | $430,086 | $303,400 |
| Median Rent | $1,364 | $1,431 | $1,348 |
| Median Income | $71,714 | $93,760 | $78,538 |
| Home Value To Income | 4.1x | 4.6x | 3.9x |
| Rent To Monthly Income | 0.23x | 0.18x | 0.21x |
Median Home Value
Median Rent
Median Income
Thompsonville, CT Costs By Category
Detailed Thompsonville Services Costs Vs. Connecticut
| Item | Thompsonville | 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 |
Detailed Thompsonville Groceries Costs Vs. Connecticut
| Item | Thompsonville | 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 |
Detailed Thompsonville Health Costs Vs. Connecticut
| Item | Thompsonville | Connecticut |
|---|---|---|
| Optometrist | $166.22 | $125.68 |
| Doctor | $182.5 | $135.78 |
| Dentist | $127.0 | $113.29 |
Detailed Thompsonville Transportation Costs Vs. Connecticut
| Item | Thompsonville | Connecticut |
|---|---|---|
| Gasoline | $3.34 | $3.46 |
| Tire Balancing | $71.63 | $59.92 |
Detailed Thompsonville Utilities Costs Vs. Connecticut
| Item | Thompsonville | Connecticut |
|---|---|---|
| All Electricity | $302.09 | $193.99 |
| Phone | $185.16 | $192.25 |
Thompsonville SnackAbility
/10
Cost Of Living In Cities Around Thompsonville
The cost of living varies in the cities and towns around Thompsonville. Here's a quick look at the cost of living in the most populous nearby places:
Springfield, MA has a cost of living index of 104, 1.0x Thompsonville.
West Hartford, CT has a cost of living index of 124, 1.1x Thompsonville.
Longmeadow, MA has a cost of living index of 129, 1.2x Thompsonville.
| City | Population | Cost Of Living | Vs. Thompsonville |
|---|---|---|---|
| Springfield, MA | 154,751 | 104 | 1.0x |
| West Hartford, CT | 63,809 | 124 | 1.1x |
| Longmeadow, MA | 15,724 | 129 | 1.2x |
| Windsor Locks, CT | 12,555 | 109 | 1.0x |
| Southwood Acres, CT | 8,154 | 113 | 1.0x |
| Hazardville, CT | 6,482 | 105 | 1.0x |
| Sherwood Manor, CT | 5,781 | 111 | 1.0x |
