East Hampton, CT is an attractive area to live due to its affordable housing costs. The rent for a two-bedroom apartment is $1,560 compared to the US average of $1,430. Furthermore, the Grocery Cost Index in East Hampton is 106 versus 100 in the US, making it a great value for people looking to make their money go further.
Local businesses in East Hampton include Big Y Foods, Stop & Shop Supermarket Company LLC, and Texas Roadhouse. These establishments provide residents with convenient access to groceries and other essentials. Additionally, there are several restaurants such as The Haddam Inn and The Friendly Toast that serve delicious food and create a cozy atmosphere for locals and visitors alike.
Overall, living in East Hampton is advantageous due to its cost-effectiveness and wide array of goods and services available within the area. From affordable housing options to tasty restaurants, it's easy to see why many people consider East Hampton an ideal place to call home.
East Hampton has an unemployment rate of 7.0%. The US average is 6.0%.
East Hampton has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 29.8%, which is lower than the US average of 33.5%.
Tax Rates for East Hampton
- The Sales Tax Rate for East Hampton is 6.4%. The US average is 7.3%.
- The Income Tax Rate for East Hampton 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 East Hampton
- The average income of a East Hampton resident is $43,505 a year. The US average is $28,555 a year.
- The Median household income of a East Hampton resident is $107,869 a year. The US average is $69,021 a year.