Cost of Living: New Haven, CT vs Waterbury, CT
Quick rent-and-take-home comparison
Using a baseline of $70,000/yr gross, take-home is about $4,108/mo in New Haven, CT versus $4,108/mo in Waterbury, CT. In the model, rent is about 21.02% of gross in New Haven, CT versus 17.19% in Waterbury, CT, so Waterbury, CT tends to feel more affordable for rent.
Compare cost of living, rent, housing prices, and salary affordability between New Haven, CT and Waterbury, CT.
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 Haven, CT
Cost of Living Index
New Haven, CT: 100 (U.S. = 100) · Waterbury, CT: 100 (U.S. = 100)
Both cities have the same cost-of-living index (U.S. average = 100).
Median Rent
New Haven, CT: $1,370/mo (midpoint of 1BR/2BR) · Waterbury, CT: $1,121/mo
Median rent in New Haven, CT is $249/mo higher than in Waterbury, CT.
Median Home Price
New Haven, CT: $249,000 · Waterbury, CT: $185,400
Median home price in New Haven, CT is $63,600 higher than in Waterbury, CT.
Median Household Income
New Haven, CT: $53,771 · Waterbury, CT: $51,642
New Haven, CT has a higher median household income than Waterbury, CT by $2,129.
New Haven, CT overview · Waterbury, CT overview · Popular comparisons