Cos Cob, CT is a vibrant suburban area located near the border of New York. It is a great place to live because of the many amenities it offers, such as grocery stores, restaurants, parks, banks, and retail shops. The average cost for a two bedroom rental in Cos Cob is much higher than the national average at $2,610 per month. However, groceries are also more expensive with a grocery cost index of 116 compared to 100 in the US. Cos Cob has several businesses that make their home here like Magellan Transportation Services Inc., Biagi Brothers Produce Inc., Hartford HealthCare Center for Specialty Care, Park City Diner & Catering Co., and H&R Block Tax Service to name a few. With all these great amenities Cos Cob is sure to exceed your expectations if you choose to call it home.
Cos Cob has an unemployment rate of 8.2%. The US average is 6.0%.
Cos Cob has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 26.7%, which is lower than the US average of 33.5%.
Tax Rates for Cos Cob
- The Sales Tax Rate for Cos Cob is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Cos Cob is 5.5%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Cos Cob
- The average income of a Cos Cob resident is $72,264 a year. The US average is $28,555 a year.
- The Median household income of a Cos Cob resident is $138,125 a year. The US average is $69,021 a year.