Stamford, CT is a great city to live in. It has a vibrant culture with many businesses, such as UBS, Frontier Communications, and Pitney Bowes. In Stamford, the cost of living for two bedroom rent is $2,690 which is almost double the national average of $1,430. Additionally, the Grocery Cost Index in Stamford is 106 compared to 100 in the US. Overall, despite its higher cost of living than average cities in the US, Stamford is an attractive place to live with plentiful job opportunities and plenty to do during one's free time.
Stamford has an unemployment rate of 7.8%. The US average is 6.0%.
Stamford has seen the job market decrease by -7.5% over the last year. Future job growth over the next ten years is predicted to be 28.2%, which is lower than the US average of 33.5%.
Tax Rates for Stamford
- The Sales Tax Rate for Stamford is 6.4%. The US average is 7.3%.
- The Income Tax Rate for Stamford 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 Stamford
- The average income of a Stamford resident is $58,297 a year. The US average is $37,638 a year.
- The Median household income of a Stamford resident is $99,791 a year. The US average is $69,021 a year.