Cost of Living in Plainfield Village, CT

With a cost of living index of 89, Plainfield Village, CT is a very affordable place to live. Living here is 11% cheaper than the national average and 36% below the Connecticut state average of 125. Plainfield Village is a small community of 2,260 residents.

Housing costs are the biggest factor in Plainfield Village's cost of living. The median monthly rent is $1,161 (12% below the US median of $1,319), and the median home value sits at $227,500 (25% below the national median of $304,900). At current prices, the median home costs roughly 4.5x the median household income — a moderately affordable ratio by today's standards.

The median household income in Plainfield Village is $50,703, which is 33% lower than the national median of $75,149. Residents spend roughly 27% of household income on rent. This is near the 30% threshold that financial experts generally consider the upper limit of affordability. Lower incomes here are balanced by the significantly lower cost of living, stretching each dollar further.

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.