Mystic, CT is a great place to live with many amenities. The rent for a two-bedroom apartment is $1,640 which is slightly higher than the US average of $1,430. Grocery costs in Mystic are 8% higher than the national average, but there are many local companies that can help keep costs down. Mystic offers a variety of small businesses and specialty shops such as Aquarion Water Company, Mystic Seaport Museum, Mystic Pizza and Mystic Market Place. There are also several popular restaurants like Engine Room and The Oyster Club that serve delicious dishes at reasonable prices. All in all, Mystic is an attractive place to live with plenty of options for shopping and dining.
Mystic has an unemployment rate of 9.2%. The US average is 6.0%.
Mystic has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Mystic
- The Sales Tax Rate for Mystic is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Mystic 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 Mystic
- The average income of a Mystic resident is $54,499 a year. The US average is $28,555 a year.
- The Median household income of a Mystic resident is $115,065 a year. The US average is $69,021 a year.