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Canton Valley, CT vs Groton Long Point, CT

103
Canton Valley
Connecticut
VS
-42.6%
179
Groton Long Point
Connecticut

The cost of living difference between Canton Valley, CT and Groton Long Point, CT is dramatic. Canton Valley is 42.6% cheaper than Groton Long Point, a gap that translates to thousands of dollars per year in household expenses. Canton Valley has a cost index of 103 while Groton Long Point sits at 179, making this one of the more striking comparisons on our site. Relocating between these cities would require a serious reassessment of budget and lifestyle expectations.

On the housing front, median rent in Canton Valley is $1,271/month compared to $2,313/month in Groton Long Point — a 45% difference. Home values follow the same pattern: Canton Valley is more affordable at $354,900 median vs $897,400.

Median household income in Canton Valley is $88,028 compared to $122,500 in Groton Long Point (-28.1%). The higher salaries in Groton Long Point partially offset the cost difference, but don't fully close the gap. Looking at affordability, residents of Canton Valley spend roughly 17.3% of their income on rent, less than the 22.7% in Groton Long Point.

Income & Cost

Cost of Living Index
Canton Valley
103
43% cheaper
Groton Long Point
179
Median Household Income
Canton Valley
$88,028
Groton Long Point
$122,500
28% higher

Housing

Median Rent
Canton Valley
$1,271
45% cheaper
Groton Long Point
$2,313
Median Home Value
Canton Valley
$354,900
60% cheaper
Groton Long Point
$897,400
Population
Canton Valley
1,364
Groton Long Point
511

Salary Equivalency Calculator

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