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Canaan, CT vs Taylor Corners, CT

89
Canaan
Connecticut
VS
-26.5%
121
Taylor Corners
Connecticut

There is a significant gap in the cost of living between these two cities. Canaan is 26.5% cheaper than Taylor Corners. With a cost index of 89 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Canaan to Taylor Corners should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Canaan are $170,700 compared to $563,300 in Taylor Corners, a 70% gap.

Median household income in Canaan is $31,986 compared to $107,614 in Taylor Corners (-70.3%). While Taylor Corners is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.

Income & Cost

Cost of Living Index
Canaan
89
27% cheaper
Taylor Corners
121
Median Household Income
Canaan
$31,986
Taylor Corners
$107,614
70% higher

Housing

Median Rent
Canaan
$1,321
Taylor Corners
Median Home Value
Canaan
$170,700
70% cheaper
Taylor Corners
$563,300
Population
Canaan
1,297
Taylor Corners
501

Salary Equivalency Calculator

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