Cost of Living in Lower Connecticut River Valley Planning Region, CT

What does it cost to live in Lower Connecticut River Valley Planning Region? Income, housing, and affordability breakdown.

Median Income

$99,742

Median Rent

$1,345/mo

Median Home

$341,300

Affordability

352

Housing Cost Breakdown

Owning (20% down, 6.5%)

Mortgage (P&I)$1,726
Property Tax$520
Insurance$114

Total Monthly$2,360
% of Income28.4%

Renting

Median Rent$1,345
Renter's Insurance$25

Total Monthly$1,370
% of Income16.2%

Living in Lower Connecticut River Valley Planning Region, Connecticut

Lower Connecticut River Valley Planning Region has a median household income of $99,742 with housing costs that represent 28.4% of income for owners and 16.2% for renters. Housing costs are within the recommended 30% of income threshold.

The affordability index of 352 (100 = median income perfectly covers median housing costs) gives a quick snapshot. Use our calculator for a comprehensive comparison across counties, including taxes, utilities, healthcare, and commute costs.

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Other Counties in Connecticut

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Bureau of Labor Statistics, Bureau of Economic Analysis. Estimates are county-level medians. This is not financial advice.