Cost of living in Groton
Groton, located in Connecticut, is a city known for its rich history and vibrant community. Understanding the cost of living in Groton is crucial for both current residents and those considering a move to the area.
This guide provides a detailed breakdown of various expenses, including housing, dining, transportation, and more, to help you plan your budget effectively.
Cost of Living Summary
Dining and Restaurants
- Inexpensive Restaurant Meal - A meal at a casual restaurant will typically cost $20 on average, with a range between $15 and $31.
- Mid-Range Restaurant (Three-Course Meal for Two) - For a more upscale dining experience, expect to pay around $50, with prices ranging from $50 to $65.
- Fast Food (e.g., McDonald's) - A McMeal or equivalent combo meal averages $10.4, with a range between $9.79 and $20.
- Beverages (e.g., Domestic Beer, Imported Beer, Cappuccino, Coke/Pepsi) - Domestic beer ranges from $4 to $8, imported beer $5 to $6, cappuccino $3 to $6, and Coke/Pepsi $1.75 to $2.3.
Grocery Prices
- Milk - Milk is priced between $0.53 and $1.06 per liter, averaging $0.96.
- Bread (Loaf of Fresh White Bread) - A loaf of fresh white bread costs between $1.64 and $6.38, with an average price of $3.75.
- Eggs (Dozen) - A dozen eggs range from $3 to $7, averaging $3.72.
- Fruits (e.g., Apples, Oranges) - Apples cost $2.2 to $5.05 per kg, while oranges range from $2.2 to $4.45 per kg.
- Vegetables (e.g., Potatoes, Lettuce) - Potatoes are priced between $1.65 and $4.41 per kg, and lettuce costs $1 to $2.79 per head.
Transportation
- Fuel (Gasoline) - Gasoline is priced between $0.79 and $1.06 per liter.
- Taxi Fares - Taxi fares start at $3, with a cost of $2.04 per km.
- Car Purchase - A new Volkswagen Golf costs $35,000, while a Toyota Corolla is priced at $25,000.
Housing Costs
- 1-Bedroom Apartment Rent (City Centre) - Rent for a 1-bedroom apartment in the city centre averages $2000.
- 1-Bedroom Apartment Rent (Outside Centre) - Outside the centre, rent averages $1450.
Utilities
- Basic Utilities (Electricity, Heating, Water, etc.) - Basic utilities for an 85m2 apartment cost between $100 and $340, averaging $156.67.
- Internet - Internet services range from $50 to $80, with an average cost of $64.6.
Cost of Living Rankings
The cost of living indices for the United States are compared to New York City (NYC), which serves as the baseline with an index of 100. These provide insights into the relative cost of living in different cities in United States, covering factors like consumer goods, rent, and purchasing power.
Cost of Living Data
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"Key Takeaways"
Groton offers a moderate cost of living with reasonable prices for dining and groceries.
Housing costs can be significant, especially in the city centre, but options outside the centre are more affordable.
Transportation costs are manageable, with competitive fuel prices and taxi fares.
Conclusion
In conclusion, Groton presents a balanced cost of living with various options for dining, housing, and transportation.
While some areas like housing in the city centre can be pricey, there are affordable alternatives available.
Understanding these costs can help residents and newcomers make informed financial decisions.