Cost of Living in Lakes West, CT
Population: 1,308 | Connecticut
Lakes West is 32% more expensive than the national average.
Cost of Living in Lakes West, CT: What You Need to Know
With a cost of living index of 132, Lakes West, CT is a notably expensive place to live. Living here is 32% more expensive than the national average and 7% above the Connecticut state average of 125. Lakes West is a small community of 1,308 residents.
The median household income in Lakes West is $244,286, which is 225% higher than the national median of $75,149. While incomes are above average, they more than offset the higher cost of living.
Data sources: US Census Bureau (ACS 2023), Zillow Home Values, HUD Fair Market Rents, BEA Regional Price Parities, BLS Average Prices, and NOAA Climate Normals. Updated monthly.
Income
- Median Household Income
- $244,286
- vs US Median ($75,149)
- +225%
Housing
- Median Home Value
- $693,200
- Median Monthly Housing Cost
- $3,012/mo