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Moving to Connecticut

Are You Moving From or To Connecticut?

Are you wondering what it’s like to live in the great state of Connecticut? What are the pros and cons? You’re probably wondering how the commute time is to and from work. What are the areas like? How are the schools? Where will you go shopping? What is there to do here in Connecticut?

Connecticut is a U.S. state in southern New England that has a mix of coastal cities and rural areas dotted with small towns. Mystic is famed for its Seaport museum filled with centuries-old ships, and the beluga whale exhibits at Mystic Aquarium. On Long Island Sound, the city of New Haven is known as the home of Yale University and its acclaimed Peabody Museum of Natural History.

Connecticut is rich with history, nature, art and beauty. Truly something for everyone. While many people are drawn each year to Mohegan Sun and Foxwoods Casinos, there is much more in this state. There are a number of beaches at the shore, state parks and forests throughout the state, and many smaller parks as well. Gillette Castle State Park in East Haddam is an excellent family destination. So is the Essex Steam Train and River Boat Ride in Essex.

Connecticut is a small New England state, full of charm, rural beauty, and several major cities. The State’s top tourist attractions include Yale University, which maintains numerous world-class museums, Mystic Seaport, the restaurant, and nightlife scene in downtown New Haven.

If you’re moving to Connecticut, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.

Moving to Connecticut

Pros and Cons of Living in Connecticut

Here are a few pros and cons to consider as you make your move to the Constitution State:

Pros.
  • Location New York is just 90 miles away and Boston is 100 miles. So whether you’re a Red Sox fan or a Yankees fan, Connecticut has you covered. 
  • Connecticut is made up of mostly smaller towns. In fact, only five cities have populations over 100,000. Those are New Haven, Bridgeport, Stanford, Hartford, and Waterbury. 
  • Connecticut Is the Ideal Mix of Urban and Rural While the state is home to exciting vibrant cities, it’s also got plenty of countrysides, allowing residents to enjoy an ideal mix of both.
  • Beautiful Beaches and an Abundance of Mouthwatering Food Located along the Atlantic, which also means plenty of fresh seafood, including lobster.
  • It’s one of the Most Scenic Places to be In Every Season The autumn foliage in Connecticut is some of the most scenics you’ll ever experience, with tranquil country lanes edges by brilliant golds, vibrant oranges, and fiery reds.
Cons.
  • One of the cons of living in Connecticut. We have the second-highest tax rate in all of the United States.
  • The high cost of living. Connecticut housing is expensive, the cost of living is above average, and property taxes are high. You should seriously consider your finances and budget before moving to Connecticut.
  • Cold winters, humid summers. Connecticut weather swings between the extremes with chillingly cold winters and hot and humid summers. Consider whether you can cope with the cold, snowy winters and the few weeks in summer that can be stifling.
  • Slow traffic. The traffic in Connecticut is notoriously bad, so if you don’t have the patience to be stuck in a jam for long hours, then Connecticut might not be the place for you.
Tax Rates

There is only one statewide sale and use tax. There are no additional sales taxes imposed by local jurisdictions in Connecticut. The statewide rate of 6.35% applies to the retail sale, lease, or rental of most goods and taxable services.

Housing Market

Connecticut is purportedly home to the most multimillion-dollar houses after California. The median price for a single-family home in Connecticut is $243,700. According to Zillow, Connecticut home values have gone up 2.1% over the past year, and they are predicted to rise 0.4% within the next year. Connecticut also has some of the highest property taxes in the nation, so check the mill rate of each town before you look at houses.

What Should I Know In 2020?

Economy Outlook

With limited natural resources, a well-educated and innovative citizenry has enabled Connecticut to reach high levels of productivity.

Connecticut’s economy shrunk due to coronavirus in the first quarter of 2020 but fared better than other New England states.

Connecticut’s economy shrunk by 4.6% in the first quarter of 2020 but fared better than other states in the region, according to a report from the U.S. Bureau of Economic Analysis. The state’s decrease mirrors a national trend, as each state and Washington, D.C., saw economies shrink, largely in part due to the COVID-19 pandemic.

Connecticut was the 18th-best state in terms of its decrease and fared better than any other state in the Northeast. New York was the worst in both the region and the country at -8.2%, with Maine (-6.3), Rhode Island (-6.2), Vermont (-6.1), New Hampshire (-5.7), and Massachusetts (-5.1) each posting figures worse than Connecticut.

You should move to Connecticut because a study conducted by the government that measures income, education, and health have shown that the state is well above the U.S. average. If you want to improve your quality of life, it is the right time to move to Connecticut.

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Traffic & Transportation

You definitely won’t be cut off after moving to Connecticut because of the well-established highway system. However, the state has quite a well-known traffic congestion issue in certain areas, particularly on I-84 and I-95, which run from New Haven to New York. WalletHub ranked Connecticut as 38 on its best states to drive in the list—not the worst, but pretty darn close!

Public transportation is good, though, with a decent rail system compared to many U.S. locations, meaning you don’t need a car to travel around. Amtrak is great for inner-city journeys, and reaching airports like JFK and LaGuardia is easy using Metro-North. A variety of local and express route bus services run by CTtransit are also available.

The famous ferries are definitely something you should experience after moving to Connecticut. Hop on the Bridgeport-Port Jefferson Ferry, which will take you on a picturesque journey to Long Island—it carries cars as well as passengers.

Cost of living

Your housing expenses will depend on your location within the city.  However, some expenses are consistent with the rest of the country, like some groceries and certain utility expenses, like cell phone service.

If you can’t afford to buy a home in Connecticut, consider renting. A two-bedroom apartment in Connecticut would cost $1,295 a month on average. Although that might be quite a stretch for younger renters, it is affordable for people with established careers whose salaries match the Connecticut average.

Moving to Connecticut is not cheap, but the state has the third-highest income per capita in the nation, and according to cityrating.com, Connecticut’s salaries average $65,870, which is more than $12,000 higher than the U.S. average annual salary.

While the cost of living is high in Connecticut, the quality of life matches it, with income, health, and education ranking well above average.

Moving to Connecticut

Things to Know When Moving to Connecticut

Connecticut Climate

n Hartford, the summers are warm, the winters are very cold, and it is a partly cloudy year-round. Over the course of the year, the temperature typically varies from 21°F to 84°F and is rarely below 6°F or above 92°F.

Employment

Connecticut as 41st on a list of best states in the United States for jobs, with an unemployment rate of 4.1%. The minimum wage in Connecticut currently stands at $10.10 per hour, which is significantly higher than the federal minimum of $7.25. The fastest-growing jobs in Connecticut are operations, analysts, and web developers.

Real Estate

Stamford, Hartford, and Branford are some of the top places to call home. Start exploring all homes and real estate in these top cities. The median home price in Connecticut is $239,600.

Average Income

A person working in Connecticut typically earns around 98,000 USD per year. Salaries range from 24,800 USD (lowest average) to 438,000 USD (highest average, the actual maximum salary is higher).

This is the average yearly salary including housing, transport, and other benefits. Salaries vary drastically between different careers.

Industries

Finance, insurance and real estate are the largest industries in Connecticut. Hartford is an insurance center. Second, are the community, business, and personal service industries (as private health care, engineering and law firms, and computer and data processing services, tourism).

Crime Rankings

Although Connecticut is well known for its affluence and is the third wealthiest state in America, there are sections in the state's largest cities (especially Hartford, Bridgeport, and New Haven) that have dangerous potential, especially at night. Common sense will more than likely keep you far from any signs of trouble in Connecticut, as the state is widely considered to be one of the safest in the country.

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