Old Saybrook Center, CT vs Sherwood Manor, CT

Sherwood Manor is moderately more affordable than Old Saybrook Center, with a 12.7% lower cost of living index. Old Saybrook Center scores 118 compared to 105 for Sherwood Manor, where the US average is 100. This difference means residents of Old Saybrook Center can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Old Saybrook Center is $1,665/month compared to $1,656/month in Sherwood Manor — a 1% difference. Home values follow the same pattern: Sherwood Manor is more affordable at $241,100 median vs $400,600.

Median household income in Old Saybrook Center is $85,466 compared to $96,274 in Sherwood Manor (-11.2%). Sherwood Manor offers a double advantage: higher earnings combined with a lower cost of living, giving residents significantly more purchasing power. Looking at affordability, residents of Old Saybrook Center spend roughly 23.4% of their income on rent, more than the 20.6% in Sherwood Manor.