Cost of living in Pawcatuck 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 Pawcatuck 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 Pawcatuck is 119, with 100 being the average.
The cost of living index in Pawcatuck is 1.2x higher than the national average.
Pawcatuck ranks as the #35 cheapest in Connecticut out of 55.
Pawcatuck ranks as the #4,736 cheapest out of 6,412 in the US.
The median home value in Pawcatuck is $283,200.
The median income in Pawcatuck is $62,900.
According to the most recent data on the cost of living, Pawcatuck has an overall cost of living index of 119, which is 1.2x higher than the national index of 100.
Compared to Connecticut, Pawcatuck has a cost of living index that's 1.0x higher than Connecticut's index of 114.
The standard of living in Pawcatuck ranks as #35 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Pawcatuck ranks as the #20 most expensive place in the Constitution State.
For more reading on life in Pawcatuck, check out:
Six factors go into calculating the cost of living index in Pawcatuck. Here is how it fairs on each of the criteria:
The Services index in Pawcatuck is 120.
The Groceries index in Pawcatuck is 111.
The Health index in Pawcatuck is 106.
The Housing index in Pawcatuck is 120.
The Transportation index in Pawcatuck is 107.
The Utilities index in Pawcatuck is 127.
Living Expense | Pawcatuck | Connecticut | National Average | |
---|---|---|---|---|
Overall | 119 | 114 | 100 | |
Services | 120 | 113 | 100 | |
Groceries | 111 | 101 | 100 | |
Health | 106 | 107 | 100 | |
Housing | 120 | 123 | 100 | |
Transportation | 107 | 104 | 100 | |
Utilities | 127 | 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 Pawcatuck is $283,200.
The Median Rent in Pawcatuck is $1,099.
The Median Income in Pawcatuck is $62,900.
The Home Value To Income in Pawcatuck is 4.5x.
The Rent To Monthly Income in Pawcatuck is 0.21x.
Statistic | Pawcatuck | Connecticut | United States |
---|---|---|---|
Median Home Value | $283,200 | $286,700 | $244,900 |
Median Rent | $1,099 | $1,260 | $1,163 |
Median Income | $62,900 | $83,572 | $69,021 |
Home Value To Income | 4.5x | 3.4x | 3.5x |
Rent To Monthly Income | 0.21x | 0.18x | 0.2x |
Item | Pawcatuck | Connecticut |
---|---|---|
Shampoo | $0.96 | $1.06 |
Movie | $12.75 | $10.68 |
Bowling | $19.67 | $14.67 |
Haircut | $24.44 | $18.62 |
Beauty Salon | $48.53 | $39.05 |
Item | Pawcatuck | Connecticut |
---|---|---|
Ground Beef | $3.82 | $4.22 |
Fried Chicken | $1.75 | $1.39 |
Milk | $2.52 | $2.05 |
Potatoes | $4.11 | $3.29 |
Pizza | $10.49 | $10.62 |
Beer | $10.32 | $9.38 |
Toothpaste | $2.53 | $2.34 |
Item | Pawcatuck | Connecticut |
---|---|---|
Optometrist | $131.39 | $108.57 |
Doctor | $157.87 | $116.17 |
Dentist | $92.75 | $99.13 |
Item | Pawcatuck | Connecticut |
---|---|---|
Gasoline | $2.15 | $2.22 |
Tire Balancing | $62.0 | $50.07 |
Item | Pawcatuck | Connecticut |
---|---|---|
All Electricity | $240.57 | $167.67 |
Phone | $189.01 | $175.64 |
The cost of living varies in the cities and towns around Pawcatuck. Here's a quick look at the cost of living in the most populous nearby places:
Westerly, RI has a cost of living index of 121, 1.0x Pawcatuck.
Groton, CT has a cost of living index of 112, 0.9x Pawcatuck.
City | Population | Cost Of Living | Vs. Pawcatuck |
---|---|---|---|
Westerly, RI | 18,241 | 121 | 1.0x |
Groton, CT | 9,333 | 112 | 0.9x |