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24/7 Wall St. created a weighted index of 25 measures that include four categories - affordability, economy, quality of life, and community - to determine which cities were the worst to live in every state.
The complete methodology can be found here.
Bridgeport was designated as the “worst city to live" in Connecticut in the newly released report.
The report found that Bridgeport, the state's most populated city with a population of 147,586, has a median home value of $170,300, well below the state’s median value of $270,100 per home. It has a poverty rate of 20.8 percent, more than double the state’s average. There have been 900 violent crimes per 100,000 people, while the state’s average is 228 per city.
According to the report, “the widespread financial hardship is partially attributable to a weak job market. The Census estimates that an average of 9.3 percent of the labor force in the city was unemployed over the past five years, well above Connecticut’s 4.8 percent average unemployment rate over the same span.
“Bridgeport residents – even those living below the poverty line – face additional financial strain due to the city's high cost of living. Goods and services are 30.8 percent more expensive in Bridgeport than they are nationwide.”
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