Cost of Living: Waterbury, CT vs New Haven, CT

Quick rent-and-take-home comparison

Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in Waterbury, CT versus $4,108/mo in New Haven, CT. In the model, rent is about 17.19% of gross in Waterbury, CT versus 21.02% in New Haven, CT, so Waterbury, CT tends to feel more affordable for rent.

Take-home in Waterbury, CT
$4,108/mo
Income level: above
Take-home in New Haven, CT
$4,108/mo
Income level: above
Rent share (1BR) in Waterbury, CT
17.19%
COLI tier: mid-range
Rent share (1BR) in New Haven, CT
21.02%
COLI tier: mid-range

Compare cost of living, rent, housing prices, and salary affordability between Waterbury, CT and New Haven, CT.

At a glance

  • Cheaper overall (lower cost-of-living index): New Haven, CT
  • Lower rent (median 1BR/2BR): Waterbury, CT
  • Lower home prices: Waterbury, CT
  • Higher median household income: New Haven, CT

Cost of Living Index

Waterbury, CT: 100 (U.S. = 100) · New Haven, CT: 100 (U.S. = 100)

Both cities have the same cost-of-living index (U.S. average = 100).

Median Rent

Waterbury, CT: $1,121/mo (midpoint of 1BR/2BR) · New Haven, CT: $1,370/mo

Median rent in New Haven, CT is $249/mo higher than in Waterbury, CT.

Median Home Price

Waterbury, CT: $185,400 · New Haven, CT: $249,000

Median home price in New Haven, CT is $63,600 higher than in Waterbury, CT.

Median Household Income

Waterbury, CT: $51,642 · New Haven, CT: $53,771

New Haven, CT has a higher median household income than Waterbury, CT by $2,129.

Waterbury, CT overview · New Haven, CT overview · Popular comparisons