Noank, CT Cost of Living


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Noank cost of living score
106.8
More expensive
6.8% higher
than the US average
4.5% lower
than the Connecticut average
Noank, Connecticut gets a BestPlaces Cost of Living score of 106.8, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 6.8% higher than the U.S. average and 4.5% higher than the average for Connecticut.

Noank, CT

Housing costs in Noank?
A typical home costs $429,100, which is 26.9% more expensive than the national average of $338,100 and 18.5% more expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Noank costs $1,550 per month, which is 8.4% more than the national average of $1,430 and 7.1% cheaper than the state average of $1,660.

Can I afford Noank?
To live comfortably in Noank, Connecticut, a minimum annual income of $82,080 for a family, and $50,000 for a single person is recommended.

What does A.I. say about Noank?
Noank, CT is an affluent town with a high cost of living. The median home value in Noank is $401,000, which is more than double the median home value for Connecticut as a whole. Additionally, the cost of utilities and groceries tends to be higher in Noank than other towns in the region. However, despite the high cost of living, residents enjoy access to excellent schools and amenities that make it worth the price tag.
   Cost of living score
     CategoriesNoankConnecticutUnited States
  106.8111.8100.0
  105.3106.6100
  112.3118.6100.0
  178.0109.2100.0
  $429,100$362,100$338,100
  112.4%118.5%100.0%
  105.2112.4100.0
  118.6126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime
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