CostByCity

Cost of Living in New Haven, CT

2024 data from the Bureau of Economic Analysis

Cost Index
104.6
4.6% above avg
Housing Index
124.3
Median Income
$81,544
Median Rent
$1,339/mo

Cost Breakdown

Overall104.6 (+4.6%)
Housing124.3 (+24.3%)
Goods97.3 (-2.7%)
Utilities144.8 (+44.8%)
Other Services102.7 (+2.7%)

National average = 100

Income & Housing

Median Household Income
$81,544/year
Median Home Value
$291,900
Median Monthly Rent
$1,339/mo
Per Capita Income
$45,314/year

Compare New Haven, CT With

New Haven, CT vs Baltimore, MDNew Haven, CT vs Minneapolis, MNNew Haven, CT vs Yuba City, CANew Haven, CT vs Modesto, CANew Haven, CT vs Stockton, CANew Haven, CT vs Corvallis, ORNew Haven, CT vs Boulder, CONew Haven, CT vs Wenatchee, WANew Haven, CT vs Anchorage, AKNew Haven, CT vs Portland, OR

Frequently Asked Questions

Is New Haven, CT expensive to live in?
New Haven, CT has a cost of living index of 104.6, which is 4.6% above the national average.
How much does housing cost in New Haven, CT?
Housing costs in New Haven, CT are indexed at 124.3 compared to the national average of 100. The median monthly rent is $1,339.
What is the average income in New Haven, CT?
The median household income in New Haven, CT is $81,544 per year.
What is the average home price in New Haven, CT?
The median home value in New Haven, CT is $291,900.