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Cost of Living in Newington, CT

Population 30,896 · Census ACS 2020–2024 5-year estimates

Median rent$1,524
Median home value$310,400
Median household income$102,884

The median rent in Newington, CT is $1,524/month, 2% higher than the Connecticut median and 8% higher than the U.S. median. The median home value is $310,400, 7% lower than the national median. Households earn a median of $102,884 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 17.8%
Income needed for median rent (30% rule): $60,960/yr
Home price-to-income ratio: 3.0×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,570/mo

Run your own numbers: mortgage calculator · hourly to salary

Newington vs. Connecticut vs. U.S.

NewingtonConnecticutU.S.
Median rent$1,524$1,488$1,413
Median home value$310,400$366,900$332,700
Median household income$102,884$95,781$80,734
Homeownership rate78.2%66.5%65.2%
Bachelor's degree or higher40.0%42.5%35.7%
Poverty rate6.4%10.0%12.5%
Unemployment rate3.6%5.6%5.2%
Work from home14.4%16.0%15.1%
Median age45.341.138.9

FAQ

What is the average rent in Newington, CT?

The median gross rent in Newington, CT is $1,524 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $60,960 a year in gross income.

Is Newington, CT expensive to live in?

Rent there is 8% higher than the U.S. median, and the median home costs about 3.0 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 $56,851Hartford, CTRent $1,269 · Income $46,411Waterbury, CTRent $1,225 · Income $51,886Norwalk, CTRent $2,073 · Income $107,616

Cities with a similar cost of living

Carol Stream, ILRent $1,529 · Income $102,309Layton, UTRent $1,538 · Income $102,480Tuckahoe, VARent $1,536 · Income $102,264Mint Hill, NCRent $1,528 · Income $100,860Overland Park, KSRent $1,515 · Income $104,834Mount Prospect, ILRent $1,502 · Income $101,720

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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