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Groton Long Point, CT vs Lakes West, CT

179
Groton Long Point
Connecticut
VS
+35.6%
132
Lakes West
Connecticut

The cost of living difference between Groton Long Point, CT and Lakes West, CT is dramatic. Lakes West is 35.6% cheaper than Groton Long Point, a gap that translates to thousands of dollars per year in household expenses. Groton Long Point has a cost index of 179 while Lakes West sits at 132, 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.

When it comes to buying, median home values in Groton Long Point are $897,400 compared to $693,200 in Lakes West, a 30% gap.

Median household income in Groton Long Point is $122,500 compared to $244,286 in Lakes West (-49.9%). Lakes West offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power.

Income & Cost

Cost of Living Index
Groton Long Point
179
Lakes West
132
26% cheaper
Median Household Income
Groton Long Point
$122,500
Lakes West
$244,286
50% higher

Housing

Median Rent
Groton Long Point
$2,313
Lakes West
Median Home Value
Groton Long Point
$897,400
Lakes West
$693,200
23% cheaper
Population
Groton Long Point
511
Lakes West
1,308

Salary Equivalency Calculator

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