Cost of living in Cos Cob research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Cos Cob is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Cos Cob is 216, with 100 being the average.
The cost of living index in Cos Cob is 2.2x higher than the national average.
Cos Cob ranks as the #53 cheapest in Connecticut out of 55.
Cos Cob ranks as the #6,345 cheapest out of 6,412 in the US.
The median home value in Cos Cob is $1,019,100.
The median income in Cos Cob is $138,125.
According to the most recent data on the cost of living, Cos Cob has an overall cost of living index of 216, which is 2.2x higher than the national index of 100.
Compared to Connecticut, Cos Cob has a cost of living index that's 1.9x higher than Connecticut's index of 114.
The standard of living in Cos Cob ranks as #53 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Cos Cob ranks as the #2 most expensive place in the Constitution State.
For more reading on life in Cos Cob, check out:
Six factors go into calculating the cost of living index in Cos Cob. Here is how it fairs on each of the criteria:
The Services index in Cos Cob is 120.
The Groceries index in Cos Cob is 107.
The Health index in Cos Cob is 118.
The Housing index in Cos Cob is 433.
The Transportation index in Cos Cob is 118.
The Utilities index in Cos Cob is 129.
Living Expense | Cos Cob | Connecticut | National Average | |
---|---|---|---|---|
Overall | 216 | 114 | 100 | |
Services | 120 | 113 | 100 | |
Groceries | 107 | 101 | 100 | |
Health | 118 | 107 | 100 | |
Housing | 433 | 123 | 100 | |
Transportation | 118 | 104 | 100 | |
Utilities | 129 | 127 | 100 |
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Cos Cob is $1,019,100.
The Median Rent in Cos Cob is $2,012.
The Median Income in Cos Cob is $138,125.
The Home Value To Income in Cos Cob is 7.4x.
The Rent To Monthly Income in Cos Cob is 0.17x.
Statistic | Cos Cob | Connecticut | United States |
---|---|---|---|
Median Home Value | $1,019,100 | $286,700 | $244,900 |
Median Rent | $2,012 | $1,260 | $1,163 |
Median Income | $138,125 | $83,572 | $69,021 |
Home Value To Income | 7.4x | 3.4x | 3.5x |
Rent To Monthly Income | 0.17x | 0.18x | 0.2x |
Item | Cos Cob | Connecticut |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $13.09 | $10.68 |
Bowling | $18.83 | $14.67 |
Haircut | $32.76 | $18.62 |
Beauty Salon | $65.09 | $39.05 |
Item | Cos Cob | Connecticut |
---|---|---|
Ground Beef | $4.44 | $4.22 |
Fried Chicken | $1.42 | $1.39 |
Milk | $2.65 | $2.05 |
Potatoes | $3.98 | $3.29 |
Pizza | $9.41 | $10.62 |
Beer | $10.04 | $9.38 |
Toothpaste | $2.13 | $2.34 |
Item | Cos Cob | Connecticut |
---|---|---|
Optometrist | $127.5 | $108.57 |
Doctor | $118.17 | $116.17 |
Dentist | $132.27 | $99.13 |
Item | Cos Cob | Connecticut |
---|---|---|
Gasoline | $2.33 | $2.22 |
Tire Balancing | $69.75 | $50.07 |
Item | Cos Cob | Connecticut |
---|---|---|
All Electricity | $261.22 | $167.67 |
Phone | $178.6 | $175.64 |
The cost of living varies in the cities and towns around Cos Cob. Here's a quick look at the cost of living in the most populous nearby places:
Stamford, CT has a cost of living index of 154, 0.7x Cos Cob.
Port Chester, NY has a cost of living index of 148, 0.7x Cos Cob.
Plainview, NY has a cost of living index of 155, 0.7x Cos Cob.
City | Population | Cost Of Living | Vs. Cos Cob |
---|---|---|---|
Stamford, CT | 134,820 | 154 | 0.7x |
Port Chester, NY | 31,317 | 148 | 0.7x |
Plainview, NY | 26,665 | 155 | 0.7x |
Syosset, NY | 19,347 | 177 | 0.8x |
Port Washington, NY | 16,807 | 185 | 0.9x |
Jericho, NY | 14,526 | 183 | 0.8x |
Greenwich, CT | 13,978 | 212 | 1.0x |
Rye Brook, NY | 9,909 | 182 | 0.8x |
Riverside, CT | 9,133 | 242 | 1.1x |
Briarcliff Manor, NY | 7,587 | 175 | 0.8x |