Suffield, Connecticut vs. Wilmington, North Carolina

Tax Compare

Our Premium Cost of Living Calculator includes, State and Local Income Taxes, State and Local Sales Taxes, Real Estate Transfer Fees, Federal, State, and Local Consumer Taxes (Gasoline, Liquor, Beer, Cigarettes), Corporate Taxes, plus Auto Sales, Property and Registration Taxes, and an Online Tool to customize your own personal estimated tax burden. Click here to customize.

Taxes
  21.5% lower in Wilmington, North Carolina
than in Suffield, Connecticut
Assumptions
  • Single, standard deduction, one exemption
  • Sales tax includes food and services
  • Real tax taxes are based on the local median home price
  • Car taxes assume a new Honda Accord costing $25,000
   Cost of living
      State level
Suffield, CT    Wilmington, NC    U.S. Avg
100 = US Avg. Below 100 means cheaper. Above 100 means more expensive. About our Cost of Living Index
   Customize Your Own Personal Estimated Taxes
Enter your income and we will give you your estimated taxes in Suffield, Connecticut, we will also give you your estimated taxes in Wilmington, North Carolina.
Suffield, CTWilmington, NCDifference
2019 Federal Inc. Tax$4,342$4,342 
State Income Taxes$1,550$2,268  $718 higher
Sales Taxes$657$724  $67 higher
Real Estate Taxes$5,550$2,030  $3,520 lower
Motor Vehicle Taxes$634$311  $323 lower
Total Taxes$12,733$9,675  $3,058 lower
Marginal Rate5.0%5.5%
Effective Rate3.1%4.5%
   Annual taxes
      Based on $60,000 income
   Social security taxes
Suffield, CTWilmington, NC
Tax Social SecurityYesNo
Social Security NoteExempt for individual taxpayers with federal AGI less than $75,000 and married taxpayers filing jointly with federal AGI less than $100,000 
   Estimated sales tax
      State level, based on annual income of $75,000
Suffield, CT    Wilmington, NC    U.S. Avg
   Tax on food
Suffield, CTWilmington, NC
Sales Tax On FoodNoYes - No state sales tax but partial local tax (2.00%). No rebate.
   Real estate tax
Suffield, CT    Wilmington, NC    U.S. Avg
Assumes the local median home price and sales tax is amoritized over 13 years.
   Vehicle tax
Suffield, CT    Wilmington, NC    U.S. Avg
Assumes a new $25,000 Honda Accord and Sales Tax is amortized over 6 years.
   Other taxes
      State level
Suffield, CT    Wilmington, NC    U.S. Avg
* grt = Gross Receipts Tax. In this state, the corporation is required to pay the gross receipts tax on each sale instead of a traditional income tax based on its earnings. The effect is that a percentage of the total revenue or gross receipts for each sale has to be paid to the state as tax. The gross receipts tax is much like a Value Added Tax, only for businesses rather than individuals. Four states impose gross receipt taxes, Nevada, Ohio, Texas, and Washington.
Cost of Child care
Popular Cost of Living Searches
Current CityComparison City
St. George, UtahAtlanta, GeorgiaCompare
Walnut Creek, CaliforniaCleveland, OhioCompare
Bloomington, IllinoisRocky Mount, North CarolinaCompare
Casper, WyomingFernley, NevadaCompare
Greenville, South CarolinaSebring, FloridaCompare
Linden, New JerseySpanish Fork, UtahCompare
Greenville, South CarolinaSebring, FloridaCompare
Round Rock, TexasTowson, MarylandCompare
Linden, New JerseySpanish Fork, UtahCompare
Amherst, New YorkSolon, OhioCompare

Privacy Policy  •  Terms of Use  •  Returns & Refunds
© Best Places. All rights reserved.