Old Saybrook, CT, has a higher cost of living compared to the nationwide average. The overall cost of living index in Old Saybrook stands at 118, which is 18% higher than the national average of 100. This increase is largely due to higher housing costs, which are 37% above the national average. Other categories like groceries and utilities also contribute to this elevated index, making it important for job seekers to consider these factors when planning their move.
Old Saybrook, CT, has a higher cost of living compared to the nationwide average, which is set at 100. Housing costs in Old Saybrook are notably higher, with an index of 137. This means housing expenses are 37% more than the national average. For job seekers considering Old Saybrook, this increase in housing costs could be a significant factor in their overall budget planning.
Other expenses in Old Saybrook also tend to be higher than the national average. Groceries, for example, have a cost of living index of 115, indicating a 15% increase. Utilities and transportation also show modest increases, with indices of 107 and 110, respectively. This means utilities are 7% higher and transportation costs are 10% higher than the national average. Healthcare costs are slightly below average, with an index of 103, showing a 3% decrease. Miscellaneous expenses have an index of 120, which is 20% higher than average. These figures show that while some areas have higher costs, others are relatively close to the national average.