Moving to Stamford, CT from Providence, RI with a salary of $60,000

Thinking about moving to another city? Here are two important questions and the numbers to you will need to answer those questions:
How much more or less will it cost to live in the new city?
Look at the percentage difference between the cost of living where you live now, and the cost of living in the new location.
How much more or less will pay for the same or similar job be in the new city?
Look at the percentage increase or reduction in your salary that you could expect if you were to move to that new location
Using these numbers, we calculated the net change in annual disposable income that a move to the new city will have on your wallet and lifestyle.

Cost of Living change

Providence, RI to Stamford, CT

38.8%

$0
$50k
$100k

Estimated Salary change

Providence, RI to Stamford, CT

9.3%

$0
$50k
$100k

Think Carefully…

Looks like this move could have a negative net change in disposable income

$-17,728.6
Explanation
The cost of living in Stamford, CT is 38.8% higher than in Providence, RI. You would have to earn a salary of $83,300 to maintain your current standard of living.
Employers in Stamford, CT typically pay 9.3% more than employeers in Providence, RI. The same type of job in the same type of company in Stamford, CT will typically pay $65,571.

Cost of Living at Home

Typical Salary at Work

Current Location
Providence, RI Edit
Providence, RI Edit
New Location
Stamford, CT Edit
Stamford, CT Edit
Percent Change
38.8%
9.3%

Current Employment Statistics in Connecticut.


Employment is up 1.6% over this time last year.



Cost of Living Calculator




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Comments about the Cost of Living in Stamford, CT

If I plan on eating out occasionally will it be affordable in Stamford, CT?

Stamford, Connecticut going out to eat at a restaurant and buying food is considered to be affordable. Make sure you take this into account as you plan your overall cost of living in Stamford, CT. ( 2024-02-26 salary.com )

Are there good recreational opportunities in or near Stamford, CT?

Stamford, CT does not have a major sports team, but don’t worry, check out local colleges and high school sports schedules. These games usually have very cheap tickets and the spirit and enthusiasm of the crowd often makes up for the level of skill. ( 2024-02-26 salary.com )

Are there any good ways to save money on Cable TV and internet service in Stamford, CT?

The average cost of internet access in the U.S. is $66.20 per month. There are many providers and various packages that are offered, many that bundle internet, cable, and phone together. Pricing for various packages can vary a lot even in the same location. You should evaluate the options based on your usage and preferences and pick the best fit for your needs. One tip to reduce this cost and your overall cost of living, is to get cable service from another source like Direct TV, Netflix, Sling, Amazon Prime or others. ( 2024-02-26 salary.com )

I am nervous about moving, what is the typical cost of moving to another city and what should I have to think about?

Even if you are moving within your current state, the cost of moving could be over $1,000 depending on the city, what you are moving, and how much professional help you hire. You can save some expense by packing boxes yourself, renting a U-Haul truck, and asking friends and family to help with the loading and unloading. You should call at least three moving companies for a moving estimate, the cost might be less than you think and you won’t have to worry about a friend hurting their back trying to move your heavy furniture. Another way to make your move easier – and save money – is by weeding out items you don’t need anymore. Why bother to move stuff that you do not even use! Have a yard sale or find a local charitable organization and donate items you no longer use. Make sure you include these moving costs into the overall cost of living for year one in Stamford, CT. ( 2024-02-26 salary.com )

Are there any tips that will help make the move to Stamford, Connecticut easier for my child?

Adults find that moving can sometimes be an emotional and stressful experience. Children, who don’t have the maturity, independence, and understanding of a parent may be even more sensitive to a move. If they are old enough to understand, include the children in making plans for the move. When moving to a distant place, help your children learn about the new area. Check out the website for Stamford, Connecticut to find opportunities and activities in the new location like parks, beaches, museums, or playgrounds that kids will enjoy and look forward to visiting. ( 2024-02-26 salary.com )

Is the cost of electricity in Stamford, Connecticut expected to change in the future?

The cost of electricity in Connecticut has gone up by 5.617% in the past year. It is possible that electric rates may fluctuate depending on consumption rates, government regulations and even the weather. ( 2024-02-26 salary.com )

What are rents like in Stamford,CT?

In Stamford,CT, my friend pays $2184 for a large 2 bedroom apartment. Since he has 2 children, he needs to have a large apartment. ( 2024-02-26 salary.com )

I need to keep my cost of living under control, is there a lot to do in Stamford, Connecticut that is not very expensive?

Looks for areas of Stamford, Connecticut where there is a large student population. In those areas you will be sure to find lots of free or cheap events to go to and plenty of cheap places to eat. Familiarize yourself with the places where students hang out, and take advantage of discounted or bargain prices, you are sure to be able to keep your cost of living reasonable. Look at the website for Stamford, CT to find recommendations for activities that are available and unique to the area. ( 2024-02-26 salary.com )

How does Stamford, Connecticut compare to the rest of U.S. as far as all the taxes that will affect my cost of living?

Good question. Based on Individual income taxes (which you will pay on earnings), Sales taxes (pay for your purchases), property taxes (on your home or indirectly on your rent), unemployment insurance taxes (from your income), and general business taxes (impacting employers ability to offer jobs and good pay), in Stamford, the overall tax climate compared to the rest of the country is the fourth highest. ( 2024-02-26 salary.com )

Can you save money using public transport?

You could save up to $1,000 per year, depending on your location, by using public transport instead of driving. Not only will you reduce the stress of driving and finding a place to park once you reach your destination, your car and tires will last longer, and you will spend less on gas. A side benefit is that you may be able to relax, work, or read on the way to work, or get to know and chat with other commuters. Some employers offer employees reduced fee bus or transit passes, so check that out with your employer. ( 2024-02-26 salary.com )



Cost of Living Frequently Asked Questions

What is a Cost of Living index and how is it used?

In the simplest terms, a Cost of Living index is the estimated amount that represents the cost of the basic necessities required for an individual to live. A cost of living or COL estimate may typically include estimates for housing, food, energy, medical care, transportation, taxes, and other necessities. A COL index may be used to measure what the cost difference would be for a person living in a certain location compared to another location. This cost of living comparison helps individuals make decisions about where they would like to live and what they can afford based on the costs in that location. A cost of living comparison can provide guidance about how an increase or decrease in these basic living expenses impacts necessary spending for an individual or a family. ( 2024-02-26 salary.com )

What factors are included in estimating your cost of living?

The Salary.com cost of living calculator estimate is based on data related to five general categories: housing, food, healthcare, transportation, and energy. These are the universally recognized core components of any cost of living estimate and represent those expenses that apply to everyone. Obviously, there may be other factors that could contribute to your particular cost of living situation and not everyone has the same spending habits. For example, education and/or childcare costs might not apply to everyone, but for those who have those expenses, they could be significant and should be considered when you evaluate your cost of living comparison. ( 2024-02-26 salary.com )

The Salary.com cost of living calculator is unique in that it also incorporates current salary data for thousands of jobs specific to a chosen home or work location to provide a more refined estimate of the cost of living variations. You can see how your job and your salary will be impacted by a change of location. If you live in one location but work in another, the cost of living calculator will make those adjustments to provide an accurate estimate of the change in COL. The Salary.com cost of living calculator helps you to make cost of living comparisons cost comparisons easily and quickly. ( 2024-02-26 salary.com )


Last Update: 2024-02-26