According to a U.S. census survey, Connecticut residents spend more on electricity, rent, and breakfast cereal.

Electricity prices, cereal, and bakery prices are up. Rent is also higher at 7.4% compared to national rates. Food away from home is also costing more in Connecticut at 7.7% compared to last year.

Caleb Silver with Investopedai says households have been able to deal with the rising prices of goods because they are cutting back their budgets.

"We looked at the census bureau survey and about 32 % of families said they have trouble making week-to-week expenses. That sounds high but it's better than it has been in recent months," Silver says.