The cost of living in Old Saybrook, CT, exceeds the nationwide average by a significant margin. Housing costs, for instance, are 45% higher than the national average. Additionally, groceries cost 10% more, utilities are 5% higher, transportation is 5% less, healthcare costs are 15% higher, and miscellaneous expenses are 20% higher than the national figures. This data highlights that living in Old Saybrook involves higher expenses across most categories compared to the average American city.
Old Saybrook, CT, stands out with a higher cost of living compared to the nationwide average. The housing index is notably higher, at 145, indicating that housing costs in Old Saybrook are 45% above the national average. This makes finding affordable housing a significant challenge for residents. People need to budget carefully to cover these elevated expenses, which can impact their overall financial stability.
In terms of groceries, the cost of living index in Old Saybrook reaches 110. This means grocery costs are 10% higher than the national average. While utilities, at 105, remain slightly above average, the miscellaneous index of 120 reveals a 20% higher cost for other expenses. Healthcare, with an index of 115, shows a 15% increase. These details suggest that living in Old Saybrook requires a higher budget to cover daily and healthcare needs, making financial planning essential for those considering relocation.
