Cost of Living in Bantam, CT

Cost indexes, living wages, and fair market rents — 2024 Data

Cost of Living Overview

Overall Index

95.1

100 = national avg

-4.9 vs national average

Living Wage (1 Adult)

$41,860

per year

Living Wage (Family of 4)

$98,941

per year

Cost Index by Category

Housing
112.6
Food
89.3
Transportation
78.6
Healthcare
91.4
Utilities
96.1

100 = national average. Higher = more expensive.

The overall cost of living index in Bantam is 95.1, which is 4.9% below the national average. Housing costs are above the national average at an index of 112.6. A single adult needs to earn approximately $41,860 per year to cover basic expenses.