Guilford, CT, shows a notably higher cost of living index compared to the nationwide average. Housing stands out the most with an index of 167, indicating it is 67% higher than the national average. Additionally, other categories like Groceries and Healthcare also exceed the average, making Guilford an expensive place to live.
Guilford, Connecticut, has a higher cost of living compared to the nationwide average, as illustrated by its cost of living index. The housing index in Guilford stands at 167, indicating that housing costs are 67% higher than the national average. This significant increase can greatly affect those considering a move to the area, as they might need to allocate a larger portion of their income to secure housing.
In addition to housing, other areas also show higher costs in Guilford. Groceries, for instance, have an index of 118, which means they are 18% more expensive than the average. Utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average, albeit to a lesser extent. Utilities are 2% higher, transportation is 5% higher, healthcare is 15% higher, and miscellaneous costs are 10% higher. These factors combined paint a picture of a community where living expenses are notably above the national norm, influencing the overall cost of living.
