Cost of Living in Groton, CT

Population 38,086 · Connecticut · Data vintage 2023

107
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

The Groton cost-of-living profile is closer to the US median than most headline-grabbing metros — typical homes around $314,000, rents near $1,493 a month.

Located 45 miles southeast of Hartford, Groton falls within that metro's commuting orbit. Median home values run roughly 45% higher than Hartford's $217,000.

Cost Overview

Housing 103
Rent 114

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

About the Cost of Living in Groton

The median home value in Groton is $314,200 — 3% above the national median of $305,000. Median rent runs $1,493/month, 14% higher than the national median of $1,314/month. The median household income of $83,547/year is 12% higher than the US median of $74,580. The local unemployment rate is 4.5%, 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 59.4°F and lows of 43.5°F. Overall, Groton has a cost of living index of 107 versus the US average of 100, meaning it is 7% more expensive.

🏠 Housing

Median Home Value
$314,200
3% above avg
Median Rent
$1,493/mo
14% above avg
Price-to-Rent Ratio
17.5x
Favors buying
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 51.9%
Renter-occupied 48.1%

💰 Estimated Monthly Budget

Rent median rent
$1,493
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,107/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
19.5 min
28% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
12.7%

Commute Mode

Drove alone
71.9%
Carpooled
5.6%
Public transit
0.8%
Walked
7.1%
Bicycle
0.6%
Work from home
12.7%

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
$83,547
12% above avg
Per Capita Income
$49,562
Unemployment Rate
4.5%
7% below avg
Poverty Rate
10.1%
Labor Force Participation
55.2%

🎓 Education

Bachelor's degree+ 23.6%
Graduate degree 18.6%

👥 Demographics

Median Age 36.3
Male median age 33.3
Female median age 40.8

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
59.4°F
Avg Low
43.5°F
Annual Precip
39.3"
20° 35° 50° 65° 80° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 384047566574807974635344
Low °F 232531394958656457463729
Precip" 2.682.203.823.583.313.303.243.323.833.663.243.13

Frequently Asked Questions

What is the cost of living in Groton, CT?

Groton has a cost index of 107 (100 = national average). It is 7% above the national average.

What is average rent in Groton, CT?

The median gross rent in Groton is $1,493 per month based on 2023 Census data.

What is the average home price in Groton?

The median home value in Groton is $314,200 according to 2023 Census ACS data.

What is the median income in Groton?

The median household income in Groton is $83,547 per year (2023 ACS 5-year estimates).

What is the sales tax in Groton, CT?

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

Is Groton, CT affordable?

Groton is near the national average in terms of cost of living, with an index of 107 (100 = US average).

What is the weather like in Groton?

Groton has average high temperatures of 59.4°F and average lows of 43.5°F. Annual precipitation is 39.3". Data from NOAA 1991–2020 Climate Normals.