The cost of living index in Wolcott, CT, shows a higher expense in several key areas compared to the nationwide average. Housing costs are 30% higher, groceries are 10% higher, utilities are 20% higher, and transportation costs are 15% higher. Healthcare and miscellaneous expenses are slightly below the national average, with healthcare at 5% lower and miscellaneous expenses at 5% lower. Overall, Wolcott's cost of living index stands at 115, indicating a 15% increase over the national average.
The cost of living in Wolcott, CT, shows some variations compared to the nationwide average. Housing costs in Wolcott stand at 130, which is 30% higher than the national average. This increase suggests that finding affordable housing may be more challenging for residents. Groceries in Wolcott are priced at 110, which is 10% above the average. This means that grocery shopping costs slightly more than in other parts of the country.
Utilities, including electricity, gas, and water, are at 120 in Wolcott, which is 20% higher than the national average. This indicates that residents may face higher expenses for these essential services. Transportation costs in Wolcott are 115, which is 15% higher than the average. This means that commuting and other transportation-related expenses are somewhat elevated. Healthcare costs in Wolcott are at 105, which is 5% higher than the average. This suggests that healthcare expenses are slightly above the national norm. Miscellaneous costs, which include items like entertainment and personal care, are at 115 in Wolcott, which is 15% higher than the average. This indicates that spending on these items may be more than in other areas.
