Cost Of Living in Pemberwick, CT

The cost of living index is based on a national average of 100. For example, if the cost of living is 90, then it is 10% lower than average. If the cost of living is 110, then it is 10% higher than average. The breakdown for each index is as follows: goods & services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%) and utilities (10%). If the cost of living data was unavailable for this city, estimates based upon nearby cities were used.
Index	Pemberwick	Connecticut	National
Cost of living	173	118	100
Goods & Services	113	109	100
Groceries	105	102	100
Health care	110	109	100
Housing	313	137	100
Transportation	102	100	100
Utilities	131	130	100

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Cost Of Living Quick Facts

The cost of living in Pemberwick is 47% higher than the Connecticut average
The cost of living in Pemberwick is 73% higher than the national average
Pemberwick housing is 213% higher than the national average
Connecticut general sales tax is 24% higher than the national average
Connecticut state income tax is 16% higher than the national average

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Price difference in compared to

Cost of living index
Goods & Services index
Groceries index
Health care index
Housing index
Transportation index
Utilities index

Median Income & Debt-To-Income Ratio

Median Income	Per Year	Per Month	Max Budget (28% DTI)	Max Budget (36% DTI)
Owners	$168,598	$14,050	$3,934	$5,058
Renters	$49,639	$4,137	$1,158	$1,489

The percentage of monthly income spent on housing related expenses can help predict the affordability of housing in Pemberwick, CT, as well as what the overall cost of living might be. Generally, a good rule to follow is that the debt-to-income (DTI) level you want to maintain is 28 percent or less of your income on your rent or mortgage payments and not more than 36 percent of income on all expenses and debts. In Pemberwick, homeowners have a median income of $168,598. Using that number, a maximum of $3,934 per month should be allocated to housing expenses. For those who are renting instead of owning, the median income is $49,639, which means there is a maximum of $1,158 to be spent on the costs of renting a home or apartment.

Connecticut Sales Tax

State	General Sales Tax	With Max Surtax
Connecticut	6.35%	6.35%

Connecticut Income Tax

State	Income Tax (Low)	Income Tax (High)
Connecticut	3%	6.99%

Goods & Services

Item	Pemberwick	National avg.	Difference
Haircut	$32.33	$24.26	33.3%
Beauty Salon	$48.56	$45.56	6.6%
Toothpaste	$3.66	$3.70	1.1%
Shampoo	$1.50	$1.28	17.4%
Movie	$13.76	$12.13	13.4%
Bowling	$19.63	$18.00	9.0%

Groceries

Item	Pemberwick	National avg.	Difference
Ground Beef	$6.34	$5.84	8.6%
Fried Chicken	$1.61	$1.57	2.4%
Milk	$4.73	$4.67	1.2%
Potatoes	$5.03	$4.93	1.9%
Pizza	$10.07	$12.09	16.7%
Beer	$10.62	$10.41	2.0%

Health Care

Item	Pemberwick	National avg.	Difference
Optometrist	$140.10	$125.68	11.5%
Doctor	$143.23	$135.78	5.5%
Dentist	$123.00	$113.29	8.6%
Ibuprofen	$11.00	$10.65	3.3%
Lipitor	$401.34	$468.60	14.4%

Housing

Item	Pemberwick	National avg.	Difference
Home Price	$659,700.00	$184,700.00	257.2%
Avg. Mortgage Payment	$1,857.27	$2,346.69	20.9%
Apartment Rent	$2,002.00	$949.00	111.0%

Transportation

Item	Pemberwick	National avg.	Difference
Gasoline	$3.33	$3.46	3.7%
Tire Balancing	$57.68	$59.92	3.7%

Utilities

Item	Pemberwick	National avg.	Difference
All Electricity	$281.67	$193.99	45.2%
Phone	$185.16	$192.25	3.7%

Although the cost of living data is updated regularly, this cost of living information is to be used as estimates only as prices can change on an ongoing basis.

Nearby cities with low cost of living

City	Population	Cost of Living Index	National Avg.
Cannondale, CT	440	112	12.4%
Greenville CDP (Greene County), NY	604	106	6.1%
Haverstraw, NY	12,076	123	22.7%
Hartsdale, NY	3,205	133	32.7%
Mount Vernon, NY	67,623	137	37.4%
Pemberwick, CT	3,487	173	72.7%

Cities with similar population

City	Population	Cost of Living Index	National Avg.
Gooding, ID	3,487	84	16.5%
Narragansett Pier, RI	3,487	150	50.1%
Loyalhanna, PA	3,486	94	5.8%
Bunk Foss, WA	3,488	152	52.1%
McCall, ID	3,485	113	13.2%
Pemberwick, CT	3,487	173	72.7%

Date & Last Updated: This data reflects 2023 and was released from C2ER in January, 2024; this is the most current data available.

Cost of Living in Pemberwick, CT