What Is The Cost Of Living In Fairfield Ct?

Fairfield cost of living is 153.6

Is it expensive to live in Fairfield CT?

Did the Cost of Living in Fairfield, CT increase in 2022?
Cost of Living Fairfield, CT by Expense Category.

How much does it cost to live comfortably in Connecticut?

Cost of Living in Connecticut
A family of two adults and two children would need a combined income of $118,551 per year—or $9,879 every month—to live comfortably. In Hartford, this goes down to $87,464 annually (or $7,289 per month).

Is Fairfield expensive?

Fairfield home prices are not only among the most expensive in Connecticut, but Fairfield real estate also consistently ranks among the most expensive in America. Fairfield is a decidedly white-collar town, with fully 92.86% of the workforce employed in white-collar jobs, well above the national average.

What is the median income in Fairfield CT?

$140,308
Table

Is Fairfield CT a good place to live?

Today, Fairfield is a thriving southern New England town of approximately 61,000 residents that is consistently named by Money Magazine as one of the best places to live in the State of Connecticut.

How much does it cost to live in CT per month?

Monthly rent for a one-bedroom in the state is $950, while the typical rent for a unit with five or more bedrooms is $1,737. Across the state, 33.7% of occupied homes are rented, less than the 36.2% national average and the 24th lowest renter rate of any state.

What is considered a high salary in Connecticut?

While ZipRecruiter is seeing salaries as high as $131,610 and as low as $21,098, the majority of salaries within the Above Average jobs category currently range between $32,148 (25th percentile) to $65,302 (75th percentile) with top earners (90th percentile) making $80,372 annually in Connecticut.

What is the cheapest city to live in Connecticut?

Most Affordable Places to Live in Connecticut

• Bristol.
• Groton.
• Hartford.
• Meriden.
• Middletown.
• New Britain.
• Torrington.
• Waterbury.

What is the average rent in CT?

Overall, estimates from Apartment List show the average rent in Connecticut has risen about 12 percent to $1,512 from $1,350 in January 2021. Nationally, rents have risen about 18 percent, said Rob Warnock, a researcher at Apartment List.

Why is Fairfield CT so expensive?

According to Kathi Mettler, an accounting professor from Fairfield University, the lucrative value of Fairfield County lies in its proximity to New York, which in itself had 19 zip codes on the list of the 100 most expensive zip codes in the country.

Is Fairfield cheap to live?

Residing in Fairfield is seen as fairly affordable when you’re comparing the cost of living to the California average. Fairfield is 13% less expensive to live in than the rest of California. This is mainly because of Fairfield’s housing market. Housing in Fairfield is 42% cheaper than the California average.

Is Fairfield County CT expensive?

In March, a study found that areas of Fairfield County were among the most expensive places to raise a family. FAIRFIELD COUNTY, Conn. — A study has found that the Stamford-Norwalk and Danbury areas of Fairfield County are among the 10 most expensive places to live in the country, according to MarketWatch.

What percent of Fairfield CT is black?

(11.1%)
The 5 largest ethnic groups in Fairfield County, CT are White (Non-Hispanic) (60.5%), White (Hispanic) (11.4%), Black or African American (Non-Hispanic) (11.1%), Other (Hispanic) (6.51%), and Asian (Non-Hispanic) (5.33%).

What ethnic group lives in Fairfield?

Assyrian/Chaldean (19,873 people or 10.0%) Australian (18,326 people or 9.2%) English (16,255 people or 8.2%)

What are the demographics of Fairfield CT?

The racial makeup of the town was 91.6% White, 3.7% Asian, 1.8% African American, 0.06% Native American, 0.01% Pacific Islander, 1.2% from other races, and 1.6% from two or more races. 5.0% of the population were Hispanic or Latino of any race.

What is the best area to live in Connecticut?

These are the top 25 cities and towns on the AreaVibes.com Best Places To Live In Connecticut 2022 list:

• 1: Old Greenwich, Greenwich.
• 2: Cos Cob, Greenwich.
• 3: Cheshire Village, Cheshire.
• 4: Simsbury Center, Simsbury.
• 5: Middletown.
• 6: Newington.
• 7: West Hartford.
• 8: Riverside, Greenwich.

What is Fairfield CT known for?

Fairfield, Connecticut, is a charming and thriving town featuring five miles of shoreline on the Long Island Sound. Fairfield has five town beaches, two universities, many parks and ball fields, two public golf courses, and a vibrant array of restaurants and stores.

Is Fairfield CT a beach town?

Our town is blessed with five miles of Connecticut coastline, including five picturesque beaches. There are a variety of exciting and family-friendly activities available, watersports right on the beach, wide-open stretches and elegant ocean-view event spaces.

Does CT tax Social Security income?

By law, Connecticut exempts from its income tax (1) Social Security income the federal government exempts from the federal income tax and (2) depending on a taxpayer’s filing status and federal adjusted gross income (AGI), some or all of the Social Security income the federal government taxes (CGS § 12-701(20)(B)(x)).

What state has the lowest cost of living?

Mississippi
Mississippi. Mississippi has the lowest cost of living in the United States. With a cost of living index of 83.3, expenses are nearly 17% less than the national average. Mississippi’s housing costs are the lowest in the nation.