Zip 06705 (Waterbury, CT) Cost of Living


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How much do I need to live in Waterbury, Connecticut?
$3,090 / month
for a family, 42.8% less expensive than the national average
$4,067 / month
for a single person, 14.7% less expensive than the national average

Waterbury cost of living score
109.2
More expensive
9.2% higher
than the US average
2.3% lower
than the Connecticut average
Waterbury (zip 06705), 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.

Zip 06705 (Waterbury, CT)

Housing costs in Waterbury?
A typical home costs $193,500, which is 42.8% less expensive than the national average of $338,100 and 46.6% less expensive than the average Connecticut home, at $362,100. Renting a two-bedroom unit in Waterbury costs $1,470 per month, which is 11.4% cheaper than the national average of $1,660 and 6.8% cheaper than the state average of $1,570.

Can I afford Waterbury?
To live comfortably in Waterbury (zip 06705), Connecticut, a minimum annual income of $37,080 for a family, and $48,800 for a single person is recommended.

What does A.I. say about Waterbury?
The cost of living in 06705 Waterbury, CT is relatively low compared to other cities in the United States. The median home price for a single family home in this area is $174,000 and rents average around $1,100 per month. There are also many affordable restaurants, grocery stores, shopping centers, parks, and entertainment venues located within the city limits. Additionally, commuting costs are low due to the availability of public transportation options such as bus lines and Amtrak services. All these factors make it an attractive option for people looking for a reasonably priced place to call home.
   Cost of living score
       Higher than 100 is more expensive than the national average.
       Lower than 100 is less expensive.
     CategoriesWaterburyConnecticutUnited States
  109.2111.8100.0
  101.6106.6100
  120.5118.6100.0
  57.0109.2100.0
  $193,500$362,100$338,100
  118.7118.5100
  107.8112.4100.0
  122.9126.8100.0

   100=National Average

   Average Rent by Bedroom Size
Crime

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