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Cost of Living in Hartford, CT

Population 121,127 · Census ACS 2020–2024 5-year estimates

Median rent$1,269
Median home value$228,600
Median household income$46,411

The median rent in Hartford, CT is $1,269/month, 15% lower than the Connecticut median and 10% lower than the U.S. median. The median home value is $228,600, 31% lower than the national median. Households earn a median of $46,411 a year, 52% lower than the state median.

Affordability

Rent as a share of median income: 32.8%
Income needed for median rent (30% rule): $50,760/yr
Home price-to-income ratio: 4.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,156/mo

Run your own numbers: mortgage calculator · hourly to salary

Hartford vs. Connecticut vs. U.S.

HartfordConnecticutU.S.
Median rent$1,269$1,488$1,413
Median home value$228,600$366,900$332,700
Median household income$46,411$95,781$80,734
Homeownership rate25.7%66.5%65.2%
Bachelor's degree or higher19.4%42.5%35.7%
Poverty rate26.3%10.0%12.5%
Unemployment rate10.7%5.6%5.2%
Work from home9.4%16.0%15.1%
Median age33.141.138.9

FAQ

What is the average rent in Hartford, CT?

The median gross rent in Hartford, CT is $1,269 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Hartford, CT?

Using the common 30% rule, renting a median-priced home takes about $50,760 a year in gross income.

Is Hartford, CT expensive to live in?

Rent there is 10% lower than the U.S. median, and the median home costs about 4.9 times the median household income.

Other cities in Connecticut

Bridgeport, CTRent $1,450 · Income $58,685Stamford, CTRent $2,276 · Income $111,586New Haven, CTRent $1,488 · Income $56,851Waterbury, CTRent $1,225 · Income $51,886Norwalk, CTRent $2,073 · Income $107,616Danbury, CTRent $1,846 · Income $83,393

Cities with a similar cost of living

State College, PARent $1,273 · Income $45,424Gainesville, FLRent $1,296 · Income $46,195Lealman, FLRent $1,247 · Income $45,308Fort Pierce, FLRent $1,217 · Income $47,072South Bradenton, FLRent $1,244 · Income $48,315Holiday, FLRent $1,239 · Income $48,186

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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