Groton, CT vs North Haven, CT
There is a significant gap in the cost of living between these two cities. Groton is 16.7% cheaper than North Haven. With a cost index of 94 vs 112, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Groton to North Haven should plan for substantially higher expenses across most categories.
On the housing front, median rent in Groton is $1,179/month compared to $1,578/month in North Haven — a 25% difference. Home values follow the same pattern: Groton is more affordable at $278,900 median vs $360,100.
Median household income in Groton is $69,811 compared to $126,807 in North Haven (-44.9%). While North Haven is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Groton spend roughly 20.3% of their income on rent, more than the 14.9% in North Haven.
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