Oakville, CT vs Old Mystic, CT

There is a significant gap in the cost of living between these two cities. Oakville is 16.5% cheaper than Old Mystic. With a cost index of 98 vs 117, the difference would have a meaningful impact on a household's monthly budget. Someone relocating from Oakville to Old Mystic should plan for substantially higher expenses across most categories.

On the housing front, median rent in Oakville is $1,378/month compared to $1,823/month in Old Mystic — a 24% difference. Home values follow the same pattern: Oakville is more affordable at $253,500 median vs $324,600.

Median household income in Oakville is $89,330 compared to $119,444 in Old Mystic (-25.2%). While Old Mystic is more expensive, its higher salaries more than compensate — residents there may actually end up with more disposable income. Looking at affordability, residents of Oakville spend roughly 18.5% of their income on rent, more than the 18.3% in Old Mystic.