Waterbury

Waterbury, Connecticut is a growing city with a population of approximately 114,990. The overall cost of living index sits at 97, which is near the national average of 100. This means everyday expenses — housing, groceries, transportation, and healthcare — are roughly 3% less expensive compared to the typical U.S. city.

Housing is the largest cost driver in Waterbury. Median rent is $1,516 per month, while the median home price is $271,702. At a median household income of $51,642, rent consumes roughly 35% of gross income, which represents a moderate housing cost burden. The housing sub-index of 92 sits close to the national norm.

Beyond housing, healthcare is the most elevated non-shelter expense in Waterbury with a sub-index of 100, while utilities is comparatively more affordable at 89. State-level taxes also shape the true cost of living: Connecticut applies a 6.99% income tax rate, and property tax averages 1.63% of assessed home value. The combined sales tax rate is 6.35%. Local income tax may apply in some municipalities.

Over the past twelve months, the cost of living in Waterbury has trended upward. Among the 5 tracked cities in Connecticut, Waterbury ranks #2 from most to least affordable. Whether you're evaluating a job offer, planning a relocation, or comparing salary purchasing power, these numbers give a grounded, data-backed view of what life in Waterbury actually costs.