Lakes East, CT vs Waterford, CT

There is a significant gap in the cost of living between these two cities. Waterford is 16.3% cheaper than Lakes East. With a cost index of 104 vs 121, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Waterford to Lakes East should plan for substantially higher expenses across most categories.

When it comes to buying, median home values in Lakes East are $563,900 compared to $245,600 in Waterford, a 130% gap.

Median household income in Lakes East is $211,728 compared to $75,968 in Waterford (+178.7%). While Lakes East is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income.