Cost of Living in Griswold, CT

Population 11,484 · Connecticut · Data vintage 2023

86
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Griswold a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $267,000.

Geographically, Griswold is about 30 miles southwest of Providence, the nearest large metro. Median home values run roughly 17% lower than Providence's $323,000.

Cost Overview

Housing 87
Rent 84

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Griswold

The median home value in Griswold is $266,800 — 13% below the national median of $305,000. Median rent runs $1,105/month, 16% lower than the national median of $1,314/month. The median household income of $80,694/year is 8% higher than the US median of $74,580. The local unemployment rate is 4.8%, below the national average of 4.8%. Connecticut's top state income tax rate is 7.0% and the combined sales tax is 6.3%. The climate averages highs of 58.9°F and lows of 40.1°F. Overall, Griswold has a cost of living index of 86 versus the US average of 100, meaning it is 14% less expensive.

🏠 Housing

Median Home Value
$266,800
13% below avg
Median Rent
$1,105/mo
16% below avg
Price-to-Rent Ratio
20.1x
Favors renting
Property Tax Rate
2.1%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,114
1 BR
$1,326
2 BR
$1,625
3 BR
$2,107
4 BR
$2,723
Owner-occupied 75.7%
Renter-occupied 24.3%

💰 Estimated Monthly Budget

Rent median rent
$1,105
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $1,719/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
30.6 min
13% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
9.3%

Commute Mode

Drove alone
79.6%
Carpooled
6.8%
Public transit
1.1%
Walked
2.9%
Work from home
9.3%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 7.0%
Total Sales Tax 6.3%
State rate 6.3%
Avg local rate 0.0%
Property Tax 2.1%

💼 Income & Employment

Median Household Income
$80,694
8% above avg
Per Capita Income
$41,737
Unemployment Rate
4.8%
1% below avg
Poverty Rate
7.4%
Labor Force Participation
56.6%

🎓 Education

Bachelor's degree+ 11.3%
Graduate degree 6.6%

👥 Demographics

Median Age 48.8
Male median age 47.9
Female median age 49.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
58.9°F
Avg Low
40.1°F
Annual Precip
51.3"
20° 35° 50° 65° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 383946566674807972625243
Low °F 202128364656626053423326
Precip" 4.153.875.734.513.503.903.094.104.304.594.395.14

Frequently Asked Questions

What is the cost of living in Griswold, CT?

Griswold has a cost index of 86 (100 = national average). It is 14% below the national average.

What is average rent in Griswold, CT?

The median gross rent in Griswold is $1,105 per month based on 2023 Census data.

What is the average home price in Griswold?

The median home value in Griswold is $266,800 according to 2023 Census ACS data.

What is the median income in Griswold?

The median household income in Griswold is $80,694 per year (2023 ACS 5-year estimates).

What is the sales tax in Griswold, CT?

The combined state and local sales tax rate in Griswold is 6.3%. The Connecticut state income tax top rate is 7.0%.

Is Griswold, CT affordable?

Yes, Griswold is generally considered affordable, with a cost of living index of 86 — about 14% below the US national average of 100.

What is the weather like in Griswold?

Griswold has average high temperatures of 58.9°F and average lows of 40.1°F. Annual precipitation is 51.3". Data from NOAA 1991–2020 Climate Normals.

Griswold at a Glance

Population
11,484
Median Income
$80,694
Home Value
$266,800
Median Rent
$1,105/mo
Unemployment
4.8%
Avg High Temp
58.9°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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