Cost of Living in Waterford, CT
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
129.9
100 = national avg
+29.9 vs national average
Living Wage (1 Adult)
$57,153
per year
Living Wage (Family of 4)
$135,090
per year
Cost Index by Category
Housing161.4
Food108.1
Transportation116.1
Healthcare106.5
Utilities117.1
100 = national average. Higher = more expensive.
The overall cost of living index in Waterford is 129.9, which is 29.9% above the national average. Housing costs are above the national average at an index of 161.4. A single adult needs to earn approximately $57,153 per year to cover basic expenses.