Colchester, CT, shows a higher cost of living compared to the nationwide average. Housing costs are 20% higher, while groceries and utilities are 5% and 10% higher, respectively. Transportation costs are 5% lower, and healthcare and miscellaneous expenses are close to the national average.
Colchester, CT, presents a cost of living that is notably higher than the nationwide average in several key areas. The housing index stands at 120, indicating that housing costs are 20% higher than the average. This means that renters and homeowners in Colchester can expect to spend significantly more on housing compared to other parts of the country. Groceries also show a slight increase, with an index of 105, reflecting a 5% higher cost for food items.
Utilities in Colchester are 10% above the national average, with an index of 110. This suggests that expenses related to electricity, gas, water, and other services are higher than what most people might expect. Transportation costs, however, are slightly lower, with an index of 95, meaning they are 5% cheaper than the national average. Healthcare costs remain on par with the national average, with an index of 100, offering some relief for those concerned about medical expenses. Miscellaneous costs, including entertainment and personal care, are also slightly higher, with an index of 102, indicating a 2% increase. Overall, Colchester presents a mixed picture of cost of living, with some areas significantly higher than the national average.
