The cost of living index in Mystic, CT, shows a higher cost compared to the nationwide average. Housing costs are 50% higher, while groceries, utilities, transportation, healthcare, and miscellaneous expenses also exceed the national average by 10% to 30%. This indicates that living in Mystic, CT, involves higher expenses across various categories.
The cost of living in Mystic, CT, compared to the nationwide average, shows some notable differences. Housing costs in Mystic are 50% higher than the national average, with an index of 150. This means that expenses related to renting or buying a home are significantly greater in Mystic. Groceries also show a rise, with costs 15% above the average, indexed at 115. This indicates that everyday food purchases can be more expensive for residents.
Utilities in Mystic are 20% higher than the national average, with an index of 120. This includes costs for electricity, gas, water, and other essential services. Transportation costs are 10% higher, indexed at 110, suggesting that commuting and vehicle-related expenses are slightly above the national average. Healthcare costs are 5% higher, with an index of 105, indicating that medical services and insurance might be marginally more expensive. Miscellaneous costs, including items like entertainment and personal care, are also 30% higher, indexed at 130. These figures highlight the overall higher cost of living in Mystic, CT, compared to the nationwide average.
