Newtown, CT, has a higher cost of living compared to the nationwide average. The overall cost of living index in Newtown stands at 120, which is 20% higher than the national average of 100. This increase is driven by higher housing costs, which are 50% above the national average, and utilities, which are 20% higher.
While other categories like groceries and healthcare also exceed the national average, they do so to a lesser extent. Groceries are 10% higher, and healthcare costs are 15% above the average. This data suggests that job seekers considering Newtown should be aware of these elevated costs.
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 may need to budget more for housing expenses.
Additionally, the cost of groceries in Newtown is 10% above the national average, with an index of 110. Utilities also show a 20% increase, with an index of 120. Transportation costs are slightly higher, at 5% above the average, with an index of 105. Healthcare costs are 15% higher, with an index of 115, while miscellaneous expenses are 30% above the average, with an index of 130. These figures indicate that while Newtown offers a high quality of life, it also comes with higher expenses in various areas.