What is the cost of living in Connecticut?

Connecticut has an average cost of living index of 118, which is 6% above the national average of 111. Average monthly rent across tracked cities is $2,018, and average median household income is $62,954.

What is the cheapest city in Connecticut?

Waterbury is the most affordable city tracked in Connecticut, with a cost index of 88 and median rent of $1,516/month.

What is the most expensive city in Connecticut?

Stamford is the most expensive city tracked in Connecticut, with a cost index of 168 and median rent of $2,873/month.

What is the average rent in Connecticut?

The average monthly rent across 5 tracked cities in Connecticut is $2,018. The cheapest rent is in Waterbury at $1,516/month.

What is the average household income in Connecticut?

The average median household income across tracked cities in Connecticut is $62,954. The highest-earning city is Stamford at $107,474.

Is Connecticut affordable to live in?

Connecticut's average rent-to-income ratio is 39.7%. Financial advisors recommend keeping rent below 30% of gross income. Connecticut can be a financial stretch, with rent exceeding 30% of typical incomes in many cities. Waterbury offers the best value at a cost index of 88.

Home/Connecticut

5 cities tracked

Connecticut

Compare affordability, taxes, rent pressure, and earnings across Connecticut’s tracked cities with a single state-level intelligence view.

All Rankings

Most affordable: Waterbury

Highest income: Stamford

Avg rent: $2,018

Avg Cost Index

0/ 100

State Population

Avg Income

Avg Rent

$0/mo

Avg Home Price

Tracked City Pop

State Intelligence Overview

Core metrics, city comparisons, and tax signals

Most Affordable

Waterbury

Index: 88Rent: $1,516

Most Expensive

Stamford

Index: 168Rent: $2,873

Highest Income

Stamford

$107,474Rent: $2,873

Connecticut vs National Average

Cost Index

118

+6.3% vs avg

Avg Rent

$2,018

+6.5% vs avg

Avg Income

$62,954

-21.7% vs avg

Cities in Connecticut

City	Cost	Rent	Income	Home Price	Pop	Rent/Inc
Bridgeport	121	$2,072	$56,584	$353,183	148,028	43.9%
Stamford	168	$2,873	$107,474	$684,684	136,226	32.1%
New Haven	122	$2,097	$53,771	$319,281	135,319	46.8%
Hartford	89	$1,530	$45,300	$194,741	119,669	40.5%
Waterbury	88	$1,516	$51,642	$271,702	114,990	35.2%