Guilford, CT, has a higher cost of living compared to the nationwide average, as indicated by an overall cost of living index of 128. This means that living expenses in Guilford are 28% higher than the national average. Specifically, housing stands out with a significant cost of 76% more than the national average, making it the highest category followed by groceries at 20% higher.
The cost of living in Guilford, CT, presents a mix of both higher and lower costs when compared to the nationwide average, which is set at 100. Housing in Guilford stands at 176, meaning it costs 76% more than the national average. This high figure reflects a significant expense for those considering this town for residence. Groceries, on the other hand, are priced at 120, indicating a 20% increase over the national average. This means that everyday food items may also add to the overall cost of living in Guilford.
Utilities in Guilford are slightly above the national average, with an index of 110, representing a 10% increase. Transportation costs are notably lower, standing at 95, which is 5% below the national average. This could be an attractive factor for residents, as commuting and personal vehicle expenses may be slightly lower. Healthcare services in Guilford are priced at 105, which is 5% higher than the national average, indicating a slight increase in healthcare costs. Miscellaneous expenses are also slightly higher, at 115, which is a 15% increase. Overall, while Guilford offers some areas where costs are lower than the national average, the higher cost in housing and groceries is a significant consideration for potential residents.
