Cost of Living in Lake Chaffee, CT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
141.1
100 = national avg
+41.1 vs national average
Living Wage (1 Adult)
$62,077
per year
Living Wage (Family of 4)
$146,728
per year
Cost Index by Category
Housing151.5
Food124.8
Transportation149.5
Healthcare119.8
Utilities125.2
100 = national average. Higher = more expensive.
The overall cost of living index in Lake Chaffee is 141.1, which is 41.1% above the national average. Housing costs are above the national average at an index of 151.5. A single adult needs to earn approximately $62,077 per year to cover basic expenses.