Hazardville, CT vs Willimantic, CT
There is a significant gap in the cost of living between these two cities. Willimantic is 17.8% cheaper than Hazardville. With a cost index of 82 vs 97, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Willimantic to Hazardville should plan for substantially higher expenses across most categories.
On the housing front, median rent in Hazardville is $1,407/month compared to $1,060/month in Willimantic — a 33% difference. Home values follow the same pattern: Willimantic is more affordable at $180,600 median vs $230,400.
Median household income in Hazardville is $96,531 compared to $41,972 in Willimantic (+130%). While Hazardville is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Hazardville spend roughly 17.5% of their income on rent, less than the 30.3% in Willimantic. The Hazardville ratio exceeds the commonly recommended 30% threshold, which can put pressure on household budgets.
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