Newtown, CT, shows a higher cost of living compared to the nationwide average. The overall cost of living index in Newtown stands at 126, which is 26% higher than the national average of 100. This increase is driven by significant rises in housing, groceries, and healthcare costs, making it important for job seekers to consider these factors.
Newtown, CT, exhibits a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Newtown are notably 50% higher than the national average, with an index of 150. This significant increase suggests that potential residents should budget more for housing expenses. Additionally, groceries in Newtown are 20% above the national average, with an index of 120, indicating that food costs are also higher here.
The cost of utilities in Newtown is 10% higher than the national average, with an index of 110. Transportation costs are 15% higher, with an index of 115, meaning commuting and other transportation-related expenses will be more than in many other areas. Healthcare costs in Newtown are 30% above the national average, with an index of 130, which is a crucial factor for those considering relocation. Miscellaneous expenses, with an index of 125, are 25% higher than the national average, reflecting the overall trend of higher living costs in Newtown.