Small Town1,159 people

Gales Ferry, CT

Discover how far your salary goes in Gales Ferry. Compare taxes, rent, and living costs.

Cost Index
155
💰 Expensive
Population

1,159

State Tax

7.0%

1BR Rent

$1,666

/month

vs National

+19%

above avg

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Rent Prices in Gales Ferry

🏠

Studio

$1,333

/month

$15,996/year

Most Common
🛏️

1 Bedroom

$1,666

/month

$19,992/year

🏡

2 Bedroom

$2,249

/month

$26,988/year

🏘️

3 Bedroom

$2,916

/month

$34,992/year

Taxes in Connecticut

State Income Tax

Connecticut

7.0%

For a $100k salary, that's ~$6,990/year in state taxes.

Federal Income Tax

Same nationwide

10-37%

Federal taxes use progressive brackets. The more you earn, the higher your marginal rate.

Learn how tax brackets work

Frequently Asked Questions

What is the cost of living in Gales Ferry, CT?

Gales Ferry has a cost of living index of 155, which is 55% above the national average. A 1-bedroom apartment costs around $1,666/month.

What is the state income tax in Connecticut?

Connecticut has a state income tax rate of approximately 7.0%. This is in addition to federal income tax.

How much is rent in Gales Ferry?

The median rent for a 1-bedroom apartment in Gales Ferry is $1,666/month. For a 2-bedroom, expect to pay around $2,249/month. This is 19% above the national average.

Is Gales Ferry a good place to live?

Gales Ferry is a small town with a population of 1,159. The cost of living is expensive, making it more expensive than average for the US.

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