Cost of Living in Putnam, CT

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

Cost of Living Overview

Overall Index

109.1

100 = national avg

+9.1 vs national average

Living Wage (1 Adult)

$48,018

per year

Living Wage (Family of 4)

$113,496

per year

Cost Index by Category

Housing
128.7
Food
98.3
Transportation
96.6
Healthcare
98.6
Utilities
104.7

100 = national average. Higher = more expensive.

The overall cost of living index in Putnam is 109.1, which is 9.1% above the national average. Housing costs are above the national average at an index of 128.7. A single adult needs to earn approximately $48,018 per year to cover basic expenses.