Meriden, CT Cost Of Living
Cost Of Living In Meriden, CT Summary
Cost of living in Meriden research summary. The cost of living index is set to 100 for the average place in the United States. A cost of living index above 100 means Meriden is expensive. An index value below 100 means the city is a relatively cheap place to live.
On a city-by-city basis in Connecticut, home prices and rent have the biggest impact on the cost of living. Here are the key takeaways based on Saturday Night Science:
The cost of living index in Meriden is 109, with 100 being the average.
The cost of living index in Meriden is 1.1x higher than the national average.
Meriden ranks as the #8 cheapest in Connecticut out of 55.
Meriden ranks as the #4,038 cheapest out of 6,412 in the US.
The median home value in Meriden is $175,700.
The median income in Meriden is $59,792.
Table Of Contents
Meriden's Overall Cost Of Living
Higher Than The National Average
What is the cost of living in Meriden, CT?
According to the most recent data on the cost of living, Meriden has an overall cost of living index of 109, which is 1.1x higher than the national index of 100.
Compared to Connecticut, Meriden has a cost of living index that's 1.0x lower than Connecticut's index of 114.
The standard of living in Meriden ranks as #8 most affordable out of the 55 places we measured in Connecticut. By definition, that implies Meriden ranks as the #47 most expensive place in the Constitution State.
For more reading on life in Meriden, check out:
- Living In Meriden
- Meriden Crime Report
- Search Homes For Sale In Meriden, CT
In Connecticut
In America
Meriden Cost Of Living Vs. Connecticut
Six factors go into calculating the cost of living index in Meriden. Here is how it fairs on each of the criteria:
The Services index in Meriden is 119.
The Groceries index in Meriden is 104.
The Health index in Meriden is 107.
The Housing index in Meriden is 98.
The Transportation index in Meriden is 109.
The Utilities index in Meriden is 123.
| Living Expense | Meriden | Connecticut | National Average | |
|---|---|---|---|---|
| Overall | 109 | 114 | 100 | |
| Services | 119 | 113 | 100 | |
| Groceries | 104 | 101 | 100 | |
| Health | 107 | 107 | 100 | |
| Housing | 98 | 123 | 100 | |
| Transportation | 109 | 104 | 100 | |
| Utilities | 123 | 127 | 100 | |
Meriden, CT Housing Cost Breakdown
Housing swings affordability the most between places in Connecticut, so we broke down housing costs into more detail. Home and income data comes from the most recent US Census ACS 2017-2021. The key points are:
The Median Home Value in Meriden is $175,700.
The Median Rent in Meriden is $1,105.
The Median Income in Meriden is $59,792.
The Home Value To Income in Meriden is 2.9x.
The Rent To Monthly Income in Meriden is 0.22x.
| Statistic | Meriden | Connecticut | United States |
|---|---|---|---|
| Median Home Value | $175,700 | $286,700 | $244,900 |
| Median Rent | $1,105 | $1,260 | $1,163 |
| Median Income | $59,792 | $83,572 | $69,021 |
| Home Value To Income | 2.9x | 3.4x | 3.5x |
| Rent To Monthly Income | 0.22x | 0.18x | 0.2x |
Median Home Value
Median Rent
Median Income
Meriden, CT Costs By Category
Detailed Meriden Services Costs Vs. Connecticut
| Item | Meriden | Connecticut |
|---|---|---|
| Shampoo | $0.95 | $1.06 |
| Movie | $12.64 | $10.68 |
| Bowling | $18.88 | $14.67 |
| Haircut | $30.29 | $18.62 |
| Beauty Salon | $49.75 | $39.05 |
Detailed Meriden Groceries Costs Vs. Connecticut
| Item | Meriden | Connecticut |
|---|---|---|
| Ground Beef | $4.34 | $4.22 |
| Fried Chicken | $1.41 | $1.39 |
| Milk | $2.39 | $2.05 |
| Potatoes | $3.92 | $3.29 |
| Pizza | $9.81 | $10.62 |
| Beer | $11.01 | $9.38 |
| Toothpaste | $2.06 | $2.34 |
Detailed Meriden Health Costs Vs. Connecticut
| Item | Meriden | Connecticut |
|---|---|---|
| Optometrist | $154.87 | $108.57 |
| Doctor | $115.5 | $116.17 |
| Dentist | $104.4 | $99.13 |
Detailed Meriden Transportation Costs Vs. Connecticut
| Item | Meriden | Connecticut |
|---|---|---|
| Gasoline | $2.31 | $2.22 |
| Tire Balancing | $58.77 | $50.07 |
Detailed Meriden Utilities Costs Vs. Connecticut
| Item | Meriden | Connecticut |
|---|---|---|
| All Electricity | $240.4 | $167.67 |
| Phone | $178.6 | $175.64 |
Meriden SnackAbility
/10
Cost Of Living In Cities Around Meriden
The cost of living varies in the cities and towns around Meriden. Here's a quick look at the cost of living in the most populous nearby places:
New Britain, CT has a cost of living index of 108, 1.0x Meriden.
West Hartford, CT has a cost of living index of 129, 1.2x Meriden.
Bristol, CT has a cost of living index of 110, 1.0x Meriden.
| City | Population | Cost Of Living | Vs. Meriden |
|---|---|---|---|
| New Britain, CT | 74,022 | 108 | 1.0x |
| West Hartford, CT | 64,034 | 129 | 1.2x |
| Bristol, CT | 60,733 | 110 | 1.0x |
| Middletown, CT | 47,164 | 117 | 1.1x |
| Newington, CT | 30,493 | 118 | 1.1x |
| Wethersfield, CT | 27,162 | 119 | 1.1x |
| North Haven, CT | 24,217 | 128 | 1.2x |
| Wallingford Center, CT | 19,211 | 121 | 1.1x |
| Kensington, CT | 9,626 | 121 | 1.1x |
| Oakville, CT | 9,507 | 115 | 1.1x |
