Stafford Springs, CT, offers a cost of living slightly below the nationwide average. The overall cost of living index for Stafford Springs stands at 98, which is 2% lower than the national average of 100. This means that residents can expect to spend less on most living expenses compared to the average American.
Housing costs in Stafford Springs are 5% below the national average, with an index of 95. Groceries, however, are slightly higher, at 2% above the national average with an index of 102. Utilities and transportation costs are nearly on par with the national average, at 99 and 96, respectively. Healthcare costs are slightly higher, at 4% above the national average, with an index of 104. Miscellaneous expenses also mirror the national average closely, with an index of 98.
The cost of living in Stafford Springs, CT, offers a relatively balanced comparison to the nationwide average, which is set at 100. Housing costs in Stafford Springs are slightly lower, with an index of 95. This means residents can expect to pay about 5% less for housing compared to the national average. This reduction in housing expenses can be a significant advantage for those looking to manage their budgets more effectively.
In other areas, Stafford Springs also shows competitive costs. Groceries, for instance, have an index of 102, which is 2% higher than the national average. However, utilities and transportation are nearly on par with the national average, with indices of 99 and 96, respectively. This suggests that while groceries might cost a bit more, other essential expenses remain relatively affordable. Healthcare costs are slightly higher, with an index of 104, indicating a 4% increase over the national average. Despite this, miscellaneous expenses are close to the national average, with an index of 98, showing a minimal difference. Overall, Stafford Springs provides a cost-effective living environment with some areas offering savings and others requiring slightly more expenditure.
