Cheapest Places to Live in Connecticut

Connecticut, a state known for its picturesque New England landscapes and affluent suburbs, offers a mix of urban and rural living experiences. The state boasts landmarks such as Yale University, Mystic Seaport, and the Mark Twain House. The state's economy is diverse, with significant contributions from finance, insurance, manufacturing, and education sectors. Connecticut's tax structure includes relatively high income and property taxes, which can impact the overall affordability for residents. Despite the state's higher-than-average cost of living, there are still pockets within Connecticut that offer more affordable living options, particularly in areas away from the major metropolitan centers. The recent inflation and rising food costs have also influenced the cost of living, making it important to identify these more affordable regions.

Affordable living in Connecticut is often found in smaller towns and rural areas where housing costs and everyday expenses are lower. These areas provide a respite from the higher costs associated with more populated regions, allowing residents to maintain a comfortable standard of living. Affordability is a crucial factor in livability, as it directly impacts one's ability to live comfortably without financial strain. Factors contributing to the cheapest places to live in Connecticut include lower housing demand in less populated areas, supportive local economic policies, and efficient public services. The C2ER's cost of living data helps to highlight these regions, guiding potential residents in making informed decisions. In a state known for its high quality of life and scenic beauty, finding affordable living options enhances the overall living experience, making Connecticut an attractive place for those seeking economic and lifestyle benefits.

Willimantic Population: 18,669 15% cheaper than Connecticut average

Med. Home Value: $151,500 Med. Rent: $881 Med. Household Inc.: $35,630

With a cost of living index that is 15% cheaper than the state average, Willimantic is the cheapest place to live in Connecticut. This area offers residents a remarkable blend of relatively low housing costs, budget-friendly grocery prices, affordable utilities, and economical health care services, making it an attractive destination for those seeking to stretch their dollars further. Whether you're a young professional, a growing family, or someone looking to enjoy a more relaxed pace of life, Willimantic provides an inviting and cost-effective environment to call home.

Waterbury Population: 107,841 14% cheaper than Connecticut average

Med. Home Value: $132,700 Med. Rent: $986 Med. Household Inc.: $46,329

The second most affordable city in Connecticut is Waterbury and stands out for its cost-effective lifestyle. With an overall cost of living that is 14% cheaper than the Connecticut average, overall goods and services, housing, utilities, transportation and health care costs fall within a reasonable range. Median household income levels are steady and come in at , which helps to increase the purchasing power of the local residents.

Torrington Population: 34,259 14% cheaper than Connecticut average

Med. Home Value: $153,800 Med. Rent: $951 Med. Household Inc.: $60,662

Torrington lands in the #3 spot for the cheapest cities to live in Connecticut, with a cost of living that is 14% cheaper than the state average. With home prices averaging and rental rates coming in around , it helps that household income levels average about , which assists with paying the mortgage or your monthly rent. Its robust public school system and accessible health care further enhance its appeal, making it a great place to settle down. The strong community spirit and ample recreational opportunities add to its charm.

Rockville Population: 7,084 13% cheaper than Connecticut average

Med. Home Value: $159,900 Med. Rent: $972 Med. Household Inc.: $43,412

The cost of everyday grocery items, goods & services and of course housing, can have a significant impact on the overall cost of living in any area. Rockville offers a picturesque and affordable living environment, with a cost of living that is 13% cheaper than the state average. Everyday items like ground beef , eggs , coffee and pizza are all fairly reasonable compared to most other cities, which helps reduce those grocery bills. Home prices are also fairly affordable (compared to the state average), coming in at around .

Winsted Population: 6,504 13% cheaper than Connecticut average

Med. Home Value: $164,900 Med. Rent: $952 Med. Household Inc.: $49,848

For those wanting to live well on a budget, Winsted is ideal, with a cost of living that is 13% cheaper than the state average. Reasonable housing prices (compared to the Connecticut average) of and rental prices of are paired with economical goods and services and a range of free or low-cost recreational activities. The city's proactive economic development initiatives also ensure a steady stream of job opportunities, making it a smart choice for those prioritizing financial ease.

New Britain Population: 72,543 12% cheaper than Connecticut average

Med. Home Value: $161,900 Med. Rent: $1,030 Med. Household Inc.: $47,393

New Britain comes in at #6 on our list of the cheapest cities in Connecticut and is a haven for those seeking affordability without sacrificing convenience. The city is known for its discount shopping centers and budget-friendly dining options and has a cost of living that is 12% cheaper than Connecticut. The city's local markets provide fresh produce and other groceries at reduced prices, while parks and community centers offer free entertainment and leisure. This city is perfect for enjoying a high quality of life at a low cost.

Hartford Population: 122,549 12% cheaper than Connecticut average

Med. Home Value: $170,200 Med. Rent: $1,004 Med. Household Inc.: $36,154

With its cost-effective lifestyle, Hartford is an attractive destination for those looking to live affordably. The city boasts suitable housing costs, affordable healthcare, and a variety of budget-friendly dining options. The community is welcoming and vibrant, providing residents with a rich social life at a fraction of the cost. Median income levels come in at , which provides financial stability, purchasing power and increases the quality of life in the city.

East Hartford Population: 50,036 12% cheaper than Connecticut average

Med. Home Value: $168,300 Med. Rent: $1,059 Med. Household Inc.: $59,954

A lower cost of living allows individuals to manage their expenses more effectively, reducing the risk of financial stress and debt. When essential costs such as housing, food, transportation, and healthcare are more affordable, people can achieve greater financial stability and resilience. East Hartford fits that mold and has a cost of living that is 12% cheaper than Connecticut.

Meriden Population: 59,512 11% cheaper than Connecticut average

Med. Home Value: $171,700 Med. Rent: $1,041 Med. Household Inc.: $58,472

Lower living costs can lead to a higher quality of life by making it easier for people to afford comfortable housing, nutritious food, and access to healthcare. It can also provide opportunities for better education, recreational activities, and community engagement, contributing to overall well-being. Meriden is one of the most affordable cities in Connecticut, and has a cost of living that is 11% cheaper than the state average.

Norwich Population: 39,112 11% cheaper than Connecticut average

Med. Home Value: $170,800 Med. Rent: $1,058 Med. Household Inc.: $57,565

With a cost of living that is 11% cheaper than Connecticut, Norwich comes in at #10 on our list of the cheapest places to live in Connecticut. Financial stress is a significant factor affecting mental and physical health. By lowering the cost of living, individuals can experience reduced anxiety related to meeting monthly expenses, thereby improving overall health and well-being. The ability to afford basic necessities without constant worry contributes to a more balanced and fulfilling life.

Full list of the cheapest places in Connecticut

Rank	Location	Population	COL Index	Med. Home Value	Med. Household Inc.
1	Willimantic	18,669	101	$151,500	$35,630
2	Waterbury	107,841	101	$132,700	$46,329
3	Torrington	34,259	102	$153,800	$60,662
4	Rockville	7,084	102	$159,900	$43,412
5	Winsted	6,504	103	$164,900	$49,848
6	New Britain	72,543	103	$161,900	$47,393
7	Hartford	122,549	104	$170,200	$36,154
8	East Hartford	50,036	104	$168,300	$59,954
9	Meriden	59,512	104	$171,700	$58,472
10	Norwich	39,112	104	$170,800	$57,565
11	Manchester	35,946	105	$165,400	$61,631
12	Terryville	5,019	106	$190,100	$60,221
13	New London	27,001	106	$186,900	$47,424
14	Thompsonville	8,563	106	$179,900	$50,417
15	Hazardville	6,216	106	$183,900	$92,238
16	Putnam	7,138	107	$187,100	$61,411
17	Bristol	60,039	108	$198,600	$68,485
18	Windsor Locks	12,732	108	$195,200	$72,090
19	Naugatuck	31,201	108	$187,900	$77,967
20	Bridgeport	145,014	109	$186,000	$47,484
21	Groton	8,999	110	$223,300	$51,941
22	Derby	12,420	110	$199,300	$58,534
23	West Haven	54,666	110	$196,800	$64,255
24	Sherwood Manor	5,901	110	$193,500	$84,792
25	Portland	5,937	111	$222,900	$76,908
26	Colchester	5,147	111	$213,400	$66,180
27	Southwood Acres	8,352	111	$197,400	$96,932
28	New Haven	130,381	112	$205,100	$44,507
29	Ansonia	18,709	112	$217,800	$53,709
30	Oakville	9,679	112	$214,700	$75,845
31	Middletown	46,406	112	$234,300	$62,022
32	East Haven	28,645	113	$219,600	$67,773
33	Newington	30,114	113	$233,200	$82,721
34	Pawcatuck	5,024	114	$250,600	$67,373
35	Wethersfield	26,068	115	$257,200	$90,881
36	Wallingford Center	18,948	115	$248,100	$72,589
37	Conning Towers Nautilus Park	9,606	115	$226,100	$61,806
38	Storrs	16,392	116	$236,800	$25,586
39	Stratford	52,300	117	$249,600	$69,336
40	Kensington	9,685	117	$268,700	$97,064
41	New Milford	6,749	117	$259,500	$66,097
42	Branford Center	5,845	118	$257,700	$68,067
43	Glastonbury Center	8,483	122	$307,600	$89,375
44	North Haven	23,665	124	$297,000	$104,812
45	Cheshire Village	6,491	124	$333,500	$91,170
46	West Hartford	63,023	125	$330,100	$105,230
47	Bethel	10,839	126	$309,300	$64,800
48	Simsbury Center	6,271	127	$307,500	$109,245
49	Danbury	84,650	128	$311,200	$73,204
50	Milford city	52,902	128	$319,900	$95,785

Methodology

To formulate the list of the cheapest places to live in Connecticut, AreaVibes utilized comprehensive data from the Council for Community and Economic Research (C2ER) cost of living index. The report is released annually and offers a detailed comparison of living expenses across various urban areas. The data is meticulously gathered by over 300 independent researchers, ensuring a high level of accuracy and reliability. The C2ER index encompasses more than 60 goods and services, categorized into six essential areas that significantly impact the cost of living. These categories and their respective weightings in the index are as follows: goods and services (33%), groceries (13%), health care (5%), housing (30%), transportation (9%), and utilities (10%).

Map of Cost of Living by State

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The map above is a great way to help you discover the most affordable states across the U.S. By highlighting states with the lowest cost of living, this map provides an in-depth look at where you can get the most value for your money. By visually representing this data, the map allows users to easily compare different regions and make informed decisions about potential relocations or investments. Additionally, it provides valuable insights into the economic conditions and lifestyle factors that influence these cost of living statistics. Whether you're planning a move, considering a new job, or simply curious about the economic landscape, this map is a useful resource for understanding and navigating the financial implications of living in different states.