Newtown, CT, has a higher cost of living compared to the nationwide average. The cost of living index in Newtown stands at 125, which is 25% higher than the national average. This increase is largely driven by housing, which is 50% higher than the national average, and groceries, which are 20% more expensive. Utilities, healthcare, and miscellaneous costs also exceed the national average, though by smaller margins.
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 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. This means that food costs are also higher, impacting the overall living expenses.
Utilities in Newtown are 10% higher than the national average, with an index of 110. This slight increase in utility costs adds to the overall higher cost of living. Healthcare costs in Newtown are 30% higher than the average, with an index of 130. This indicates that medical expenses are also a consideration for those planning to move to Newtown. Miscellaneous costs, with an index of 115, are 15% higher than the national average. These costs include items like clothing, entertainment, and personal care, further contributing to the elevated cost of living in Newtown.
