Cost of Living in Zip 06340 (Groton, CT)

The cost of living in 06340 Groton, CT is relatively high compared to other parts of the country. The median home value in the area is $243,400, which is higher than the national average of $214,600. Housing prices tend to be higher and the cost of goods and services are also higher. However, overall, Groton has a good quality of life and offers plenty of amenities with its suburban location. Additionally, the area has plenty of job opportunities due to its proximity to major cities like Hartford and New Haven.

Our cost of living indices are based on a US average of 100. An amount below 100 means Groton (zip 06340) is cheaper than the US average. A cost of living index above 100 means Groton (zip 06340), Connecticut is more expensive.

Groton (zip 06340) cost of living is 101.0