Cost of Living in Connecticut — Housing, Taxes & Everyday Expenses
High incomes, high taxes, proximity to NYC
Data: 2026-Q2 · BLS · HUD · KFFOverview
Connecticut has among the highest median household incomes in the country, partly due to its proximity to New York City. Taxes are high and the cost of living is above average.
Housing costs
Median 1BR rent in Hartford is approximately $1,200. Stamford and Greenwich near NYC are significantly more expensive at $2,000+.
Tax reality
Connecticut has a top income tax rate of 6.99%.
Everyday expenses
At a cost of living index of 113, Connecticut is about 13% more expensive than the national average of 100. Connecticut's high income tax and above-average costs partially offset its high nominal wages.
Salary reality in Connecticut
Cost of Living in Connecticut — FAQ
What is Connecticut's income tax rate?
Connecticut has a graduated income tax with a top rate of 6.99% on income over $500,000. Middle incomes face rates of 5-6%.
Is Connecticut expensive?
Connecticut has a cost of living index of 113, about 13% above the national average. Housing varies widely from affordable Hartford to expensive Fairfield County.