Waterbury, CT Cost of Living


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Waterbury cost of living score
109.2
More expensive
9.2% higher
than the US average
2.3% lower
than the Connecticut average
Waterbury, Connecticut gets a BestPlaces Cost of Living score of 109.2, which means the total cost of housing, food, childcare, transportation, healthcare, taxes, and other necessities is 9.2% higher than the U.S. average and 2.3% higher than the average for Connecticut.

Waterbury, CT

Housing costs in Waterbury?
A typical home costs $212,000, which is 37.3% less expensive than the national average of $338,100 and 41.5% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Waterbury costs $1,340 per month, which is 6.3% cheaper than the national average of $1,430 and 23.9% cheaper than the state average of $1,660.

Can I afford Waterbury?
To live comfortably in Waterbury, Connecticut, a minimum annual income of $40,680 for a family, and $44,400 for a single person is recommended.

What does A.I. say about Waterbury?
Waterbury serves up an attractive option for those seeking budget-friendly living solutions located within Connecticut's New Haven area boasting plenty of perks without negatively impacting pocketbooks too severely. Median house prices come in the mid-$100s while rental costs hover close by at just over or under half that amount respectively - both considerably lower compared to other nearby cities such as Bridgeport & Stamford which are situated deeper along the eastern coast. Grocery stores likewise remain slightly above US levels although not overly significant as it lies within a region that maintains consistent 6.35% sales tax rates - notably higher compared to most parts of America but still much lower than those found in a number of countries across Europe & Asia.
   Cost of living score
     CategoriesWaterburyConnecticutUnited States
  109.2111.8100.0
  102.3106.6100
  120.5118.6100.0
  59.5109.2100.0
  $212,000$362,100$338,100
  121.2%118.5%100.0%
  108.5112.4100.0
  126.7126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Reviews for Waterbury
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Very affordable but it has its own elegant history (Brass City) Almost all residents keep updating their values timely, the largest community, higher cultural  More

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I was born here in 1988 and have lived here after growing up mainly in next-door Watertown (which is outstanding. Go  More

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Over 10 years ago

Taxes,  More

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