Cost of Living in Falls Village, CT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
142.3
100 = national avg
+42.3 vs national average
Living Wage (1 Adult)
$62,627
per year
Living Wage (Family of 4)
$148,027
per year
Cost Index by Category
Housing233.9
Food91.9
Transportation83.8
Healthcare93.5
Utilities121.9
100 = national average. Higher = more expensive.
The overall cost of living index in Falls Village is 142.3, which is 42.3% above the national average. Housing costs are above the national average at an index of 233.9. A single adult needs to earn approximately $62,627 per year to cover basic expenses.