[BPt111]

Originally Posted by wolf39us

I thought I read a few studies that said all things considered CT falls onto about #3 in the USA (behind AK and HI)

Is Massachusetts and Rhode Island as expensive as CT ?

[wolf39us]

America's most expensive states in 2014.

Looks like this year it beat out Alaska too

[NewJeffCT]

Originally Posted by markfromct

It does not appear this list takes taxes into account. When you add taxes into the mix, we are the second or third most expensive state.

taxes would fall under cost of living

[mlassoff]

Originally Posted by NewJeffCT

taxes would fall under cost of living

State and local tax burden in Connecticut is a drop less than 2% above the nationwide average.

[Armyvet1]

I guess I should do more research on this state then before I make the final decision. When I did the numbers I did find it higher then Virginia but I also know our income, our debts, and still found that we would do fine in CT. Keep in mind that our children are older, we're not concerned about the best school districts or being within an hours drive of NYC, I have military and automotive industry experience, my wife has college and years of managerial experience with Walgreens Pharmacies, she's also national board certified Cpht.

I also invested and became and entrepreneur in a automotive service business, about 6,000 invested between setting up a small shop and establishing a secured credit line of about 2,000 in order to establish some buying power.

When crunching the business numbers we really only need to clear 500 a day to pay the rent and utilities plus cover salaries for 3 of us. After subtracting all the debts, the business was still left with about 1,250 a week to reinvest and grow.

How hard would this be to do in Connecticut?

[markfromct]

Originally Posted by NewJeffCT

taxes would fall under cost of living

It does not state anywhere in the article that taxes are included in Cost of Living averages. You can have high cost of living and a low tax burden at the same time, as Alaska does.

[BPt111]

Originally Posted by Armyvet1

I guess I should do more research on this state then before I make the final decision. When I did the numbers I did find it higher then Virginia but I also know our income, our debts, and still found that we would do fine in CT. Keep in mind that our children are older, we're not concerned about the best school districts or being within an hours drive of NYC, I have military and automotive industry experience, my wife has college and years of managerial experience with Walgreens Pharmacies, she's also national board certified Cpht.

I also invested and became and entrepreneur in a automotive service business, about 6,000 invested between setting up a small shop and establishing a secured credit line of about 2,000 in order to establish some buying power.

When crunching the business numbers we really only need to clear 500 a day to pay the rent and utilities plus cover salaries for 3 of us. After subtracting all the debts, the business was still left with about 1,250 a week to reinvest and grow.

How hard would this be to do in Connecticut?

you also pay car taxes in CT

[HeadedWest]

Originally Posted by wolf39us

I thought I read a few studies that said all things considered CT falls onto about #3 in the USA (behind AK and HI)

Aggregating by state is not useful, even if the data is accurate. County-level would be much more useful.

Then we'd see Fairfield County sticking out way above the rest of the state.

[in_newengland]

Originally Posted by BPt111

Is Massachusetts and Rhode Island as expensive as CT ?

I don't have statistics to back it up but I don't think RI is as expensive but I think MA is. The area around Boston is called metrowest and is extremely pricey. People post to the MA forum and mention that their housing budget is $1 million, where can they live?

There are a lot of other small cities that are ultra pricey and then there is the entire north shore that has huge wealth and yachts and mansions. You get other parts of the state like central MA and WMass that aren't as bad but no matter where you go, utilities are high, anything to do with cars is high--like registration, inspection, excise tax. The area around Boston has been invaded by NYers and CA people with big money and it's forcing people to leave the state.

[BPt111]

Originally Posted by in_newengland

I don't have statistics to back it up but I don't think RI is as expensive but I think MA is. The area around Boston is called metrowest and is extremely pricey. People post to the MA forum and mention that their housing budget is $1 million, where can they live?

There are a lot of other small cities that are ultra pricey and then there is the entire north shore that has huge wealth and yachts and mansions. You get other parts of the state like central MA and WMass that aren't as bad but no matter where you go, utilities are high, anything to do with cars is high--like registration, inspection, excise tax. The area around Boston has been invaded by NYers and CA people with big money and it's forcing people to leave the state.

Rhode Island is like the Middle in term of price ?