Cost of Living in Stonington, CT

Population 18,381 · Connecticut · Data vintage 2023

132
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Stonington is a smaller Connecticut community of around 18000 residents, where median household incomes of $108,922 and housing costs ($450,000 for a typical home) give the local cost-of-living profile a distinctly small-town shape.

Located 40 miles southwest of Providence, Stonington falls within that metro's commuting orbit. Median home values run roughly 39% higher than Providence's $323,000.

Cost Overview

Housing 148
Rent 108

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

About the Cost of Living in Stonington

The median home value in Stonington is $450,100 — 48% above the national median of $305,000. Median rent runs $1,416/month, 8% higher than the national median of $1,314/month. The median household income of $108,922/year is 46% higher than the US median of $74,580. The local unemployment rate is 4.3%, 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 60.5°F and lows of 44.5°F. Overall, Stonington has a cost of living index of 132 versus the US average of 100, meaning it is 32% more expensive.

🏠 Housing

Median Home Value
$450,100
48% above avg
Median Rent
$1,416/mo
8% above avg
Price-to-Rent Ratio
26.5x
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 71.6%
Renter-occupied 28.4%

💰 Estimated Monthly Budget

Rent median rent
$1,416
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,030/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
23.5 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.5%

Commute Mode

Drove alone
74.5%
Carpooled
4.9%
Public transit
0.8%
Walked
1.8%
Bicycle
0.3%
Work from home
16.5%

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
$108,922
46% above avg
Per Capita Income
$68,036
Unemployment Rate
4.3%
10% below avg
Poverty Rate
6.0%
Labor Force Participation
53.9%

🎓 Education

Bachelor's degree+ 28.0%
Graduate degree 23.7%

👥 Demographics

Median Age 51.5
Male median age 48.1
Female median age 54

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
60.5°F
Avg Low
44.5°F
Annual Precip
42.8"
20° 38° 55° 73° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 404147576775828174645445
Low °F 252632415059666457473830
Precip" 3.342.754.173.903.323.552.913.493.814.293.503.77

Frequently Asked Questions

What is the cost of living in Stonington, CT?

Stonington has a cost index of 132 (100 = national average). It is 32% above the national average.

What is average rent in Stonington, CT?

The median gross rent in Stonington is $1,416 per month based on 2023 Census data.

What is the average home price in Stonington?

The median home value in Stonington is $450,100 according to 2023 Census ACS data.

What is the median income in Stonington?

The median household income in Stonington is $108,922 per year (2023 ACS 5-year estimates).

What is the sales tax in Stonington, CT?

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

Is Stonington, CT affordable?

Stonington is above average in cost of living, with an index of 132 — about 32% higher than the national average.

What is the weather like in Stonington?

Stonington has average high temperatures of 60.5°F and average lows of 44.5°F. Annual precipitation is 42.8". Data from NOAA 1991–2020 Climate Normals.

Stonington at a Glance

Population
18,381
Median Income
$108,922
Home Value
$450,100
Median Rent
$1,416/mo
Unemployment
4.3%
Avg High Temp
60.5°F
Sales Tax
6.3%
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🗺️ County data for Connecticut

Explore county-level cost of living data

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