Norwich, CT Cost Of Living
Cost Of Living In Norwich, CT Summary
Cost of living in Norwich 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 Norwich 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 Norwich is 107, with 100 being the average.
The cost of living index in Norwich is 1.1x higher than the national average.
Norwich ranks as the #4 cheapest in Connecticut out of 55.
Norwich ranks as the #3,867 cheapest out of 6,412 in the US.
The median home value in Norwich is $178,900.
The median income in Norwich is $59,791.
Table Of Contents
Norwich's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Norwich, CT?
According to the most recent data on the cost of living, Norwich has an overall cost of living index of 107, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Norwich has a cost of living index that's 0.9x lower than Connecticut's index of 114.
The standard of living in Norwich ranks as #4 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Norwich ranks as the #51 most expensive place in the Constitution State.
For more reading on life in Norwich, check out:
- Living In Norwich
- Norwich Crime Report
- Search Homes For Sale In Norwich, CT
In Connecticut
In America
Norwich Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Norwich. Here is how it fairs on each of the criteria:
The Services index in Norwich is 118.
The Groceries index in Norwich is 107.
The Health index in Norwich is 106.
The Housing index in Norwich is 96.
The Transportation index in Norwich is 110.
The Utilities index in Norwich is 125.
| Living Expense | Norwich | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 107 | 114 | 100 | |
| Services | 118 | 113 | 100 | |
| Groceries | 107 | 101 | 100 | |
| Health | 106 | 107 | 100 | |
| Housing | 96 | 123 | 100 | |
| Transportation | 110 | 104 | 100 | |
| Utilities | 125 | 127 | 100 | |
Norwich, CT Housing Cost Breakdown
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 Norwich is $178,900.
The Median Rent in Norwich is $1,053.
The Median Income in Norwich is $59,791.
The Home Value To Income in Norwich is 3.0x.
The Rent To Monthly Income in Norwich is 0.21x.
| Statistic | Norwich | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $178,900 | $286,700 | $244,900 |
| Median Rent | $1,053 | $1,260 | $1,163 |
| Median Income | $59,791 | $83,572 | $69,021 |
| Home Value To Income | 3.0x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Norwich, CT Costs By Category
Detailed Norwich Services Costs Vs. Connecticut
| Item | Norwich | Connecticut |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.64 | $10.68 |
| Bowling | $18.88 | $14.67 |
| Haircut | $30.29 | $18.62 |
| Beauty Salon | $49.75 | $39.05 |
Detailed Norwich Groceries Costs Vs. Connecticut
| Item | Norwich | Connecticut |
|---|---|---|
| Ground Beef | $4.34 | $4.22 |
| Fried Chicken | $1.41 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $3.92 | $3.29 |
| Pizza | $9.81 | $10.62 |
| Beer | $11.01 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Norwich Health Costs Vs. Connecticut
| Item | Norwich | Connecticut |
|---|---|---|
| Optometrist | $154.87 | $108.57 |
| Doctor | $115.5 | $116.17 |
| Dentist | $104.4 | $99.13 |
Detailed Norwich Transportation Costs Vs. Connecticut
| Item | Norwich | Connecticut |
|---|---|---|
| Gasoline | $2.31 | $2.22 |
| Tire Balancing | $58.77 | $50.07 |
Detailed Norwich Utilities Costs Vs. Connecticut
| Item | Norwich | Connecticut |
|---|---|---|
| All Electricity | $240.4 | $167.67 |
| Phone | $178.6 | $175.64 |
Norwich SnackAbility
/10
Cost Of Living In Cities Around Norwich
The cost of living varies in the cities and towns around Norwich. Here's a quick look at the cost of living in the most populous nearby places:
Groton, CT has a cost of living index of 112, 1.0x Norwich.
| City | Population | Cost Of Living | Vs. Norwich |
|---|---|---|---|
| Groton, CT | 9,333 | 112 | 1.0x |
