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Cost of Living in Southeastern Connecticut Planning Region, CT

Population 279,971 · Census ACS 2020–2024 5-year estimates

Median rent$1,365
Median home value$323,400
Median household income$86,586

The median rent in Southeastern Connecticut Planning Region, CT is $1,365/month, 8% lower than the Connecticut median and 3% lower than the U.S. median. The median home value is $323,400, 3% lower than the national median. Households earn a median of $86,586 a year, 10% lower than the state median.

Affordability

Rent as a share of median income: 18.9%
Income needed for median rent (30% rule): $54,600/yr
Home price-to-income ratio: 3.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,635/mo

Run your own numbers: mortgage calculator · hourly to salary

Southeastern Connecticut Planning Region vs. Connecticut vs. U.S.

Southeastern Connecticut Planning RegionConnecticutU.S.
Median rent$1,365$1,488$1,413
Median home value$323,400$366,900$332,700
Median household income$86,586$95,781$80,734
Homeownership rate65.1%66.5%65.2%
Bachelor's degree or higher35.8%42.5%35.7%
Poverty rate10.7%10.0%12.5%
Unemployment rate5.0%5.6%5.2%
Work from home11.7%16.0%15.1%
Median age41.141.138.9

FAQ

What is the average rent in Southeastern Connecticut Planning Region, CT?

The median gross rent in Southeastern Connecticut Planning Region, CT is $1,365 per month (ACS 2020–2024 5-year estimate).

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

Using the common 30% rule, renting a median-priced home takes about $54,600 a year in gross income.

Is Southeastern Connecticut Planning Region, CT expensive to live in?

Rent there is 3% lower than the U.S. median, and the median home costs about 3.7 times the median household income.

Other counties in Connecticut

Capitol Planning Region, CTRent $1,411 · Income $93,394Western 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 $89,667Lower Connecticut River Valley Planning Region, CTRent $1,454 · Income $104,428

Counties with a similar cost of living

Lancaster County, PARent $1,357 · Income $86,959Columbia County, ORRent $1,373 · Income $87,458Hampshire County, MARent $1,388 · Income $87,001Galveston County, TXRent $1,404 · Income $86,105Bastrop County, TXRent $1,410 · Income $86,226York County, MERent $1,339 · Income $88,333

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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