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Cost of Living in Capitol Planning Region, CT

Population 977,290 · Census ACS 2020–2024 5-year estimates

Median rent$1,411
Median home value$323,700
Median household income$93,394

The median rent in Capitol Planning Region, CT is $1,411/month, 5% lower than the Connecticut median and about the same as the U.S. median. The median home value is $323,700, 3% lower than the national median. Households earn a median of $93,394 a year, 2% lower than the state median.

Affordability

Rent as a share of median income: 18.1%
Income needed for median rent (30% rule): $56,440/yr
Home price-to-income ratio: 3.5×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,637/mo

Run your own numbers: mortgage calculator · hourly to salary

Capitol Planning Region vs. Connecticut vs. U.S.

Capitol Planning RegionConnecticutU.S.
Median rent$1,411$1,488$1,413
Median home value$323,700$366,900$332,700
Median household income$93,394$95,781$80,734
Homeownership rate65.7%66.5%65.2%
Bachelor's degree or higher42.1%42.5%35.7%
Poverty rate10.3%10.0%12.5%
Unemployment rate5.2%5.6%5.2%
Work from home16.9%16.0%15.1%
Median age40.041.138.9

FAQ

What is the average rent in Capitol Planning Region, CT?

The median gross rent in Capitol Planning Region, CT is $1,411 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Capitol Planning Region, CT?

Using the common 30% rule, renting a median-priced home takes about $56,440 a year in gross income.

Is Capitol Planning Region, CT expensive to live in?

Rent there is about the same as the U.S. median, and the median home costs about 3.5 times the median household income.

Other counties in Connecticut

Western Connecticut Planning Region, CTRent $2,110 · Income $128,188South Central Connecticut Planning Region, CTRent $1,525 · Income $88,197Naugatuck Valley Planning Region, CTRent $1,330 · Income $86,191Greater Bridgeport Planning Region, CTRent $1,546 · Income $89,667Southeastern Connecticut Planning Region, CTRent $1,365 · Income $86,586Lower Connecticut River Valley Planning Region, CTRent $1,454 · Income $104,428

Counties with a similar cost of living

Midland County, TXRent $1,407 · Income $92,874Columbia County, GARent $1,409 · Income $95,592Worcester County, MARent $1,426 · Income $95,939Cecil County, MDRent $1,377 · Income $92,007Sumner County, TNRent $1,424 · Income $90,301Dane County, WIRent $1,398 · Income $89,975

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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