Essex, CT Cost of Living


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Essex cost of living score
114.4
More expensive
14.4% higher
than the US average
2.3% higher
than the Connecticut average
Essex, Connecticut gets a BestPlaces Cost of Living score of 114.4, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 14.4% higher than the U.S. average and 2.3% lower than the average for Connecticut.

Essex, CT

Housing costs in Essex?
A typical home costs $480,000, which is 42.0% more expensive than the national average of $338,100 and 32.6% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Essex costs $1,640 per month, which is 14.7% more than the national average of $1,430 and close to the state average of $1,660.

Can I afford Essex?
To live comfortably in Essex, Connecticut, a minimum annual income of $91,800 for a family, and $52,000 for a single person is recommended.

What does A.I. say about Essex?
Essex, CT is a modestly-priced community in terms of cost of living. The town has an estimated overall average cost of living that is lower than the Connecticut and national averages. Housing costs are particularly affordable, with median home values being around $333,600 - below both the state and national averages. Other costs such as utilities, groceries, transportation, and health care are also notably lower than in many other areas in the United States. Combined with its easy access to cities like Hartford and New York City, Essex is an attractive option for those looking for a convenient place to live without breaking the bank.
   Cost of living score
     CategoriesEssexConnecticutUnited States
  114.4111.8100.0
  110106.6100
  119.5118.6100.0
  147.4109.2100.0
  $480,000$362,100$338,100
  114.0%118.5%100.0%
  110.0112.4100.0
  145.5126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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