Cost of Living: Waterbury, CT vs New York, NY

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 $4,116/mo in New York, NY. In the model, rent is about 17.19% of gross in Waterbury, CT versus 25.92% in New York, NY, 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 York, NY
$4,116/mo
Income level: below
Rent share (1BR) in Waterbury, CT
17.19%
COLI tier: mid-range
Rent share (1BR) in New York, NY
25.92%
COLI tier: very high-cost

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

At a glance

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

Cost of Living Index

Waterbury, CT: 100 (U.S. = 100) · New York, NY: 168.2 (U.S. = 100)

Waterbury, CT has a lower cost-of-living index than New York, NY, so a given salary generally stretches further there.

Median Rent

Waterbury, CT: $1,121/mo (midpoint of 1BR/2BR) · New York, NY: $1,690/mo

Median rent in New York, NY is $569/mo higher than in Waterbury, CT.

Median Home Price

Waterbury, CT: $185,400 · New York, NY: $751,700

Median home price in New York, NY is $566,300 higher than in Waterbury, CT.

Median Household Income

Waterbury, CT: $51,642 · New York, NY: $79,713

New York, NY has a higher median household income than Waterbury, CT by $28,071.

Waterbury, CT overview · New York, NY overview · Popular comparisons