The cost of living index in Derby, CT, is slightly above the nationwide average. The housing index stands at 105%, indicating that housing costs about 5% higher than the national average. Other categories like groceries (98%), utilities (97%), transportation (101%), healthcare (102%), and miscellaneous (100%) are either at or just slightly above the average.
Derby, CT, presents a cost of living that is generally close to the national average, with a few exceptions. Housing costs stand at 105, which is 5% higher than the national average. This means residents pay about 5% more for housing here compared to other places in the country. Groceries, however, are slightly below the average at 98, which is a 2% decrease. This can be a slight relief for those on a budget.
Utilities in Derby also mirror the national average with a cost index of 97, indicating a 3% savings. Transportation costs are virtually the same as the national average, with a slight increase of 1%. Healthcare costs are also slightly higher, at 102, meaning 2% more than the national average. Miscellaneous expenses are right on par with the national average, at 100, indicating no change from the nationwide cost. Overall, Derby offers a balanced cost of living with slight variations in specific areas.
